Deals
ICL Drops as Sale to Potash Corp. Is Seen More Unlikely
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Israel Chemicals Ltd. fell the most in three weeks in Tel Aviv after the chances of being acquired by Potash Corp. of Saskatchewan Inc. appeared less likely of receiving the required Israeli regulatory approvals.
The shares of the company that extracts minerals from the Dead Sea to make fertilizer slid 2.4 percent, the biggest drop since Oct. 9, to 47.35 shekels at the 4:30 p.m. close in Tel Aviv. The stock was the second-biggest loser on the benchmark TA-25 Index, which retreated 0.3 percent.