NORTH AMERICA STORIES

The price is almost right

A merger between Canadian powerhouse Potash Corporation and German-based K+S Aktiengesellschaft (K+S) makes sense for too many reasons. Whether or not it becomes a reality depends on the appetite and pride of the respective executive teams.

Late last month, Potash Corp offered US$8.7 billion for its German counterpart – a 40% premium on the pre-offer closing price. Potash Corp has not disclosed its motivation for the approach, other than...

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