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."

Whitepaper

Excellence in Pharmaceutical Distribution and The Critical Role of Good Distribution Practice (GDP)
Setting the Standard

Excellence in Pharmaceutical Distribution and The Critical Role of Good Distribution Practice (GDP)

Are you ready to elevate your pharmaceutical operations? Download our exclusive whitepaper and discover how compliance with Good Distribution Practice (GDP) is essential for the safety and integrity of pharmaceuticals.

Interview

Specialty Chemicals in a Shifting World
Adapting to Tariffs and Strengthening Regional Networks

Specialty Chemicals in a Shifting World

Jennifer Abril, President & CEO of SOCMA, discusses the impact of new tariffs and the importance of regional supply networks in the specialty chemical industry.