31 October 2012 14:20 [Source: ICIS news]
TORONTO (ICIS)--Canadian fertilizer major Potash Corporation on ?xml:namespace>
PotashCorp, which already holds a stake of about 14% in Israel Chemicals, was confirming a notice about those talks by Israel Chemicals to the Tel Aviv stock exchange.
"No deal has been formulated, there is no assurance that a deal will be reached, or that parties will sign an agreement," PotashCorp said. Canada's Globe and Mail newspaper reported earlier on Wednesday that PotashCorp CEO Bill Doyle met
PotashCorp media officials could not immediately be reached for additional comment.
In June, a PotashCorp official told ICIS that the company had dropped plans to increase its stake in Israel Chemicals because of regulatory delays its was facing as a foreign buyer.
Additional reporting by Frank Zaworski
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections