MORE: Israel Chemicals Drops on Report Potash Corp. May Sell
2014-06-10 19:22:38.376 GMT
By Samuel Potter
June 10 (Bloomberg) -- Shrs fall 0.8%, closing at 30.10
shekels in Tel Aviv; traded ex-div. today.
* Calcalist says Potash Corp. mulls stake sale in company,
citing comments by CFO Wayne Brownlee at a conference
* Potash Corp. holds 13.84% of ICL: Bloomberg data
* “We don’t want to hold on indefinitely,” Brownlee said in
response to a question from an analyst, according to a BMO
Capital Markets conference transcript dated May 22. “I
think that we’re not going to dump those stock on a short-
term basis. Ultimately, there will be a reconciliation and a
resolution with the government”
* NOTE: Potash Rebound No Comfort for ICL as Tax Looms: Israel
Markets
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Samuel Potter in Dubai at +971-4-3641050 or
spotter33@bloomberg.net
To contact the editors responsible for this story:
Claudia Maedler at +971-4-364-1025 or
cmaedler@bloomberg.net
2014-06-10 19:22:38.376 GMT
By Samuel Potter
June 10 (Bloomberg) -- Shrs fall 0.8%, closing at 30.10
shekels in Tel Aviv; traded ex-div. today.
* Calcalist says Potash Corp. mulls stake sale in company,
citing comments by CFO Wayne Brownlee at a conference
* Potash Corp. holds 13.84% of ICL: Bloomberg data
* “We don’t want to hold on indefinitely,” Brownlee said in
response to a question from an analyst, according to a BMO
Capital Markets conference transcript dated May 22. “I
think that we’re not going to dump those stock on a short-
term basis. Ultimately, there will be a reconciliation and a
resolution with the government”
* NOTE: Potash Rebound No Comfort for ICL as Tax Looms: Israel
Markets
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Samuel Potter in Dubai at +971-4-3641050 or
spotter33@bloomberg.net
To contact the editors responsible for this story:
Claudia Maedler at +971-4-364-1025 or
cmaedler@bloomberg.net