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Potash Corp. Said to Be Open to Raising K+S Bid: Globe & Mail 2015-07-07 18:58:02.282 GMT
By Rita Devlin Marier (Bloomberg) -- Potash Corp. could raise its bid for K+S if K+S gave Potash access to its operations and more value was revealed, the Globe and Mail reports, citing unidentified person close to Potash and familiar with the deal.
* “If we sit down and do due diligence and they can demonstrate some incremental value to us, we might have an extra euro for them. I wouldn’t rule that out”: person said * Link to story (Subscription required): Globe & Mail * NOTE: On July 3, Potash Said to View K+S 50 Euro a Share Valuation as Too High
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--With assistance from Aoyon Ashraf in Toronto.
To contact the reporter on this story: Rita Devlin Marier in Toronto at +1-416-203-5718 or rdevlin5@bloomberg.net To contact the editors responsible for this story: Clyde Eltzroth at +1-212-617-1879 or celtzroth1@bloomberg.net Stefanie Batcho-Lino