22.09.2010 • NewsPotashBHP Billiton

BHP is Prepared to Walk Away if Potash Bids go too High

BHP Billiton is prepared to walk away from its bid for Potash if a rival were to offer a price that exceeds the point where the Anglo-Australian miner sees value for its shareholders, its chief executive said on Tuesday.

"If somebody offers a price at which we cannot demonstrate value for our shareholders, we're probably not going to show, and I think that continues to be the case," CEO Marius Kloppers said in an interview on Canada's Business News Network.

Asked if he'd be prepared to walk away from a bid in that situation, Kloppers said: "Absolutely."

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28.07.2025 • NewsChemistry

VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.