Potash CEO: BHP Won't Be Only Bidder

On a video posting on his company's Web site, Potash Corp. POT CEO Bill Doyle said that BHP Billiton BHP, the world's largest mining company, will not be the only suitor for the Canadian fertilizer producer. Doyle said that "a number of parties" have shown interest in various types of transactions. Potash, the world's largest fertilizer producer, still views BHP's $38.6 billion offer as too low. Still, it remains to be seen whom the other parties are. Brazil's Vale VALE and Rio Tinto RTP, two of the other plausible suitors for Potash in terms of firms that could afford the Canadian company, have essentially said they're not interested. Press reports continue to speculate on the potential of a bid from a Chinese consortium, but no official bid from China has emerged as of yet.