Halbach & Braun
Innovative Equipment for Surface and Underground Mines
BHP Billiton has made a $39bn (£25bn) hostile bid for Potash Corporation, the world's largest fertiliser company, after it rejected an earlier approach. The $130-a-share cash offer is a 20% premium on the closing price of Potash on 11 August, the day before BHP made its proposal to the f
BHP Billiton has made a $39bn (£25bn) hostile bid for Potash Corporation, the world’s largest fertiliser company, after it rejected an earlier approach.
The $130-a-share cash offer is a 20% premium on the closing price of Potash on 11 August, the day before BHP made its proposal to the fertiliser group’s board.
The London-listed Australian miner has gone direct to shareholders in its attempt to become the leading global miner of potash in anticipation of increased demand.
Around 95% of the world’s potash is used in fertilisers, while the rest is used for feed supplements and industrial production.
Innovative Equipment for Surface and Underground Mines
Ecological Restoration Products and Services for the Mining Sector
Solutions for Underground Communication, Tracking, Monitoring & Control