Canadian fertilizer giant Potash Corp. has given up on its $15 billion offer to buy Israel Chemicals following strong opposition in Israel, where fears also were raised that Potash would move some local production to Jordan. Potash, which already has a 14 percent stake in Israeli Chemicals, stated that although it maintains that the proposed […]
By JTA
The Canadian Potash fertilizer company is determined to buy Israel’s huge Israel Chemicals Ltd. (despite opposition among lawmakers and employees of the Israeli company. Over 20 Israeli lawmakers met in Jerusalem Wednesday to discuss the issue, with some voicing strong opposition to the deal, according to Bloomberg. "The sale of ICL to a foreign company […]