Deals
BHP Billiton Says It Won’t Require EU Approval for Potash Bid
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BHP Billiton Ltd. won’t need European Union approval for its hostile $40 billion takeover offer for Potash Corp. of Saskatchewan Inc., the world’s largest maker of fertilizer.
Potash and BHP don’t have enough fertilizer sales in the EU region to trigger a merger review by the European Commission, Melbourne-based BHP said in an e-mailed statement yesterday.