BHP Billiton Acquires Potassium Impediment Obstruction
Aquajet series are turbine-driven machines designed for fully mechanized and labor-saving irrigation. The main component parts such as turbine, automatic layering mechanism and crop-protecting sprinkler balancing mechanism enjoy the international patents and keep being updated. Aquajet provides the following additional features. Hose reel irrigator Aquajet 350m Aquajet Water Hose Reel Irrigation System,Center Pivot Irrigation Equipment,Agricultural Hose Reel Irrigation Equipment,Aquajet Hose Reel Irrigator Shandong H.T-BAUER Water and Agricultural Machinery & Engineering Co., Ltd. , https://www.ht-bauer.com
But this can only be said to be the first step in long-distance trekking. The regulatory review may have to continue for another two months, because the Investment Corporation of Saskatchewan and Canada where Potash Corp is located will also investigate the matter.
In Canada, this merger and acquisition case needs to be reviewed in accordance with the terms of the country’s competition and investment laws.
The lawyers stated that the review of the Investment Authority of Canada will be the key, because BHP Billiton must prove that its offer to buy is generally beneficial to Canada, and may even need to prove that this poses no risk to national security. The review time may vary from 45 to 105 days. Analysts expect that from the date of BHP Billiton’s offer on August 20, this review may take 75 days.
BHP Billiton’s Chief Executive Gary Goss made it clear that the acquisition process may continue at least until the end of the year. This means that the company will extend the deadline for acquisitions that is currently only until October 19th.
However, for BHP Billiton, the extended front will be a double-edged sword. The longer the supervision and approval process takes, the more Potash can have more time to find the White Knight. There are rumors that Potash is trying to promote a management buyout with Chinese funds participating in support.