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To: LoneClone who wrote (66617)8/30/2010 10:09:58 PM
From: LoneClone  Read Replies (1) | Respond to of 194152
 
Canada's Agrium: interested in some Potash assets

reuters.com

SYDNEY | Sun Aug 29, 2010 10:15pm EDT

SYDNEY Aug 30 (Reuters) - Canadian agribusiness Agrium Inc (AGU.TO) would be interested in the nitrogen and phosphate businesses of Potash Corp (POT.TO) if they came onto the market, Agrium's chief executive said on Monday.

"We are a global company that produce 8 million metric tonnes of nitrogen, phosphate and potash and markets 16 million so any assets that came on the market that fits with us we would certainly look at," Agrium Chief Executive Mike Wilson told Reuters.

Canada's Potash Corp currently faces a hostile $39 billion offer from global miner BHP Billiton (BHP.AX).

(Reporting by Bruce Hetall; Editing by Ed Davies)