Deals
BHP Pledge on Potash Jobs Would Get Deal Approved, Lawyers Say
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BHP Billiton Ltd. would get Canadian approval for its $40 billion hostile bid for Potash Corp. of Saskatchewan Inc. by pledging to preserve head-office jobs and support a fertilizer-marketing company, said lawyers specializing in foreign investment and a former minister.
In the past 25 years, Canada has only formally rejected one takeover offer, Alliant Techsystems Inc.’s bid for MacDonald Dettwiler & Associates Ltd.’s space business in 2008, according to John Manley, who was federal industry minister from 1993 to