August 25, 2010 / 11:04 AM / 7 years ago

BHP not worried about possible Potash bid rival

LONDON, Aug 25 (Reuters) - Miner BHP Billiton (BLT.L) (BHP.AX) is not very concerned that a counter-bidder will emerge for its hostile takeover target Potash Corp (POT.TO)(POT.N), its Chief Executive Marius Kloppers said on Wednesday.

    “Given the size we’ve got, given the all-cash nature of what we’ve got. . . given the statements that have been made by other potential bidders, it doesn’t seem to me to be an enormous universe of potential interlopers here,” Kloppers told a news conference in London. (Reporting by Eric Onstad; Editing by Will Waterman)

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below