Tag Archives: Potash

Potash Corp. buying K+S AG far from a sure thing


The market may be factoring in a roughly 60-per-cent chance that Potash Corp. of Saskatchewan successfully acquires K+S AG, but a minumum of one analyst thinks the possibilities much lower. Ben Scarlett at J.P. Morgan downgraded K+S to underweight from overweight as he sees the probability of a deal at nearer to one in three. “An offer is likely to ...

Read More »

Potash Corp. downgraded despite low share price


Potash Corp of Saskatchewan Inc. was slapped having a downgrade at Raymond James as a result of deteriorating fundamentals within the global potash market. North American potash prices experienced a clear, crisp correction this spring because of weak demand and a spike in international imports. Even though global shipments remain healthy and the weak Canadian dollar boosts Potash Corp.’s cost ...

Read More »

Potash Corp. may face German government stake in K+S


Quebec and Germany may have more in common than you think. Handelsblatt, the German newspaper that was first to interrupt the news that Potash Corp. of Saskatchewan Inc. was looking to purchase K+S AG, is reporting that Germany may ask government-owned KfW Development Bank to buy K+S shares to bar Potash Corp.’s takeover effort. Ben Isaacson, a Scotiabank analyst, reminded ...

Read More »