Deals
Canada Pension ‘Encouraged’ by Clarity on Takeovers After BHP
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Canada Pension Plan Investment Board supports a move by Canada to review its foreign takeover rules after the federal government blocked BHP Billiton Ltd.’s hostile bid for Potash Corp. of Saskatchewan Inc.
“We’re encouraged by the government’s signal that they intend to clarify the guidelines that they will use going forward,” Canada Pension Chief Executive Officer David Denison said today in an interview.