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BHP Billiton acquired Potash, who will have the last laugh?

BHP Billiton acquired Potash, who will have the last laugh?

Write: Alejandra [2011-05-20]
"Given the size of the deal,and the all-cash nature of it,it does not seem that there is an enormous universe here of potential interlopers,"Mr Kloppers said in London.(Financial Time)


"The interest in buying Potash is a manifestation of how open Canada is to foreign investment. If the Chinese bidder proves to be government controlled however that could change the reception if the company's interest is determined to conflict with the Canadian public s "said Mr. Cappe.(Wall Street Journal)


"They are certainly not going to make one offer and walk away if it's rejected "said Canaccord Genuity analyst Damien Hackett. "There probably will be another offer but what you can expect is that BHP will be very prudent with their money. They are a very well disciplined group. They are not going to throw cash away."(Reuters)


"Clearly it's easier for the company not to have to go through that whole process BHP would want to do things as quickly as possible "said one analyst Charles Kernot at Evolution Securities.( Reuters)


"Beyond the acquisition of Potash our aspirations to continue to grow the deployment of capital in the broader natural resources space would be undiminished "Kloppers said. We do feel that we've got flexibility in our balance sheet."(Bloomberg News)