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Saskatchewan Inc Drops Acquisition Offer For German Rival K+S

Saskatchewan Inc. a Potash Corporation has dropped its endeavors to assume control K+S AG for generally $8.8 billion, crashed by a droop in commodity prices and the refusal of its German rival’s administration to take part in talks. K+S said on Monday that it was educated of the withdrawal by Potash Corp. Canada’s Potash Corp. likewise said its offer would have profited both companies and shareholders, adding that it had made “dependable duties to K+S’s representatives, unions and groups.” However K+S, which had more than once portrayed Potash Corp’s. guarantees on employments as “questionable,” reacted to news of the withdrawal…

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