(Corrects spelling of "Potash" in headline)
TEL AVIV Feb 7 Potash Corp of Saskatchewan
(POT.TO) bought an additional 1.4 percent of fertiliser and
specialty chemicals maker Israel Chemicals (ICL) (ICL.TA),
raising its stake to 13.9 percent, ICL said on Sunday.
Potash Corp, the world's largest fertiliser company and
largest producer of potash, bought 18.5 million shares of ICL at
47 shekels a share, or a total of 870 million shekels ($232
Potash Corp now owns nearly 176.1 million shares of ICL, the
world's sixth-largest producer of potash and the second-largest
company listed on the Tel Aviv Stock Exchange.
On Jan. 28 Potash Corp said it had bought an additional 1
percent of ICL, bringing its stake then to 12.5 percent.
Shares in ICL were down 1.9 percent at 46.97 shekels in
midday trading in Tel Aviv.
(Reporting by Tova Cohen; Editing by David Holmes)
($1 = 3.75 shekels)