ICL Workers Plan Protests Opposing Potash Corp. Sale
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Employees at Israel Chemicals Ltd. plan to protest a proposed takeover by Potash Corp. of Saskatchewan Inc., in what would be the Middle East’s biggest acquisition, the head of a workers committee said today.
“We are protesting against the intention of the government to approve a merger with Potash,” Armond Lankry, chairman of the workers committee at Dead Sea Works Ltd. a unit of Israel Chemicals, said in a phone interview with Bloomberg today. “If the deal goes through, workers will shut down all plants.”