PotashCorp Archives - Page 5 of 7

Canpotex sees terminal expansion decision late next year

By Rod Nickel, GFM Network News November 23, 2015

Winnipeg | Reuters — The new chief executive of Canpotex expects the Canadian potash trader to decide around late 2016 where to expand West Coast terminal capacity, a move that could give it a faster route to Chinese buyers in a highly competitive market. Options include building a $775 million terminal at Prince Rupert, B.C., […] Read more

Mosaic’s potash facility at Esterhazy, Sask. (Greg Berg photo)

Crops, Markets, Reuters

Mosaic lays off staff at Sask. potash mine

By Reuters, GFM Network News October 23, 2015

Reuters — U.S. fertilizer company Mosaic Co. has laid off 46 unionized workers, or eight per cent of the workforce, at its Colonsay, Sask. potash mine, the company said Friday, as producers struggle with weak demand. Potash prices have fallen in the past year due to excessive mining capacity and reduced demand in key markets. […] Read more

Lorne Hehn, shown here in an undated photo, was a southern Saskatchewan farmer before becoming UGG’s president in Winnipeg in 1981. (Grainews file photo)

Crops

Former UGG, CWB chief Lorne Hehn, 79

By Grainews Staff, GFM Network News October 8, 2015

Lorne Hehn, at his funeral last week, was remembered as the Saskatchewan farmer-turned-businessman who led the Canadian Wheat Board toward its next-to-last incarnation as a farmer-controlled marketing agency. Hehn, who died Sept. 16 at age 79, had farmed at Markinch, about 65 km north of Regina, and was involved in several farm organizations, becoming a […] Read more

Crops, Markets, Reuters

PotashCorp withdraws takeover bid for K+S

By GFM Network News October 5, 2015

New York/Frankfurt | Reuters –– PotashCorp said Monday it had withdrawn its 7.9 billion euro (C$11.6 billion) offer for German potash producer K+S, citing a decline in global commodity and equity markets and a lack of engagement by K+S management. K+S shares dropped 24 per cent after Potash announced its decision in a statement, wiping […] Read more

Crops, Markets, Reuters

Liberals, NDP say would clarify foreign takeover rules

By Rod Nickel, GFM Network News September 29, 2015

Winnipeg | Reuters –– Canada’s Liberal and New Democratic parties, vying to replace the governing Conservatives in a tight three-way election race, both say they would clarify rules around foreign corporate takeovers if they win. Liberal leader Justin Trudeau, campaigning in Winnipeg on Tuesday, said foreign investors need clearer rules around takeovers. “(Conservative Prime Minister […] Read more

Crops, Markets, Reuters

PotashCorp says not actively discussing K+S takeover

By Rod Nickel, GFM Network News September 16, 2015

Reuters — PotashCorp is not actively discussing its takeover proposal with Germany’s K+S, but remains interested in a combination of fertilizer producers that would aid North American potash sales and offer new access to Europe, CEO Jochen Tilk said Wednesday. PotashCorp’s standing offer of 7.9 billion euros (C$11.75 billion) or 41 euros per share is […] Read more

Crops, Markets, Reuters

K+S says Legacy supply deal highlights independence

By Reuters, GFM Network News August 18, 2015

Frankfurt | Reuters –– Germany’s K+S signed a supply deal for potash fertilizer from its Legacy mine in Canada, saying the agreement strengthened its position as an independent supplier as it battles an unwanted takeover bid from Canada’s PotashCorp. The salt and fertilizer producer said it had agreed an exclusive deal to supply Koch Fertilizer […] Read more

Crops, Markets, Reuters

K+S says retail shareholders back rejecting PotashCorp

By Reuters, GFM Network News August 11, 2015

Frankfurt | Reuters –– German salt and fertilizer company K+S AG says a survey of its retail investors shows they strongly support its rejection of a 7.9 billion euros (C$11.4 billion) takeover offer from Canada’s PotashCorp. K+S said on Monday it had surveyed retail, or non-institutional, shareholders, who hold about 30 per cent of its […] Read more

Crops, Markets, Reuters

K+S rejects PotashCorp offer, promises on German mines

By GFM Network News August 7, 2015

Frankfurt | Reuters — German salt and fertilizer company K+S AG once again rejected PotashCorp’s takeover offer Friday, saying the Canadian company’s assurances about maintaining jobs and mine sites in Germany were unreliable. Saskatoon-based PotashCorp sent an unsolicited letter to K+S’s management and supervisory boards, K+S said in a statement. The letter included a proposal […] Read more

Crops, Markets, Reuters

K+S investors see PotashCorp deal within reach despite rebuff

By GFM Network News July 9, 2015

Frankfurt | Reuters — Shareholders in takeover target K+S say a deal could be done because suitor PotashCorp’s main aim is to get control over its German rival’s ambitious Canadian project and scale it back. K+S’s Legacy mine, being built northeast of Moose Jaw near Bethune, Sask., would be the first built from scratch in […] Read more

GFM Network News

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Good weather pushes Alberta harvest along

Tag Archives PotashCorp

Canpotex sees terminal expansion decision late next year

Mosaic lays off staff at Sask. potash mine

Former UGG, CWB chief Lorne Hehn, 79

PotashCorp withdraws takeover bid for K+S

Liberals, NDP say would clarify foreign takeover rules

PotashCorp says not actively discussing K+S takeover

K+S says Legacy supply deal highlights independence

K+S says retail shareholders back rejecting PotashCorp

K+S rejects PotashCorp offer, promises on German mines

K+S investors see PotashCorp deal within reach despite rebuff

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