Sinochem Finds Little Govt. Support for Potash Bid

by | Oct 7, 2010 | Towing

Sinochem Group may be unable to bid for Potash Corp. (POT), as the Chinese company is struggling to get state backing for the move.

The Chinese government has said it would prefer that the bid not be financed by credit from state banks, Bloomberg New…

Sinochem Closer to Bidding Against BHP Billiton for Potash

by | Sep 25, 2010 | Towing

The FTC has cleared a BHP Billiton bid for Potash Corp., but that hardly matters. Authorities in the fertilizer company’s home country of Canada may not approve the transaction. And it looks like BHP won’t be the only bidder. T…