(Repeats story first published Oct 31)
LONDON Oct 31 BHP Billiton (BHP.AX) is
planning to raise its $39 billion hostile bid for Canada's
Potash Corp (POT.TO), the world's largest fertiliser supplier,
the Sunday Times reported, citing sources close to the
A London-based spokesman for BHP Billiton (BLT.L) declined
The paper said BHP is considering raising its $130 a share
offer by 10 percent.
For other BHP-Potash stories [ID:nN22340110]
Value investor view on Potash: [ID:nRTV153281]
Top producers: link.reuters.com/sus55n
BHP launched its bid in August, but Potash Corp's stock has
consistently changed hands well above the bid price, signaling
expectations of a sweetened bid. The shares (POT.N) closed on
Friday at $145.09 on the New York Stock Exchange.
(Reporting by Julie Crust; editing by Michael Shields)