Barron's: Potential Acquriers Starting To Emerge For Potash (POT, BHP)

Some potential acquirers for Potash POT are starting to emerge, writes Barron's. Last week, Sinochem, which is China's state-owned chemicals giant, and is 22% owned by Potash, had been talked about as a potential acquirer. Now it appears that Temasek Holdings, which is Singapore’s sovereign investment fund, may be part of the consortium to purchase Potash. These talks are still in the early stages, and may change during the course of negotiations. Shares of Potash are gaining again today, up $1.40 to trade at $149.90. In early August, BHP had offered $130 per share for Potash, which the company declined, saying it severely undervalues the company.