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Posted on 02/09/09

Potash Corp. ripe for takeover

INVESTMENT REPORTERPotash Corp. of Saskatchewan Inc. is an increasingly attractive takeover candidate as lower potash prices discourage large mining companies from starting their own mines."Potash's valuation should benefit from a takeover premium with diversified mining and various entities looking to enter the potash industry," said Jacob Bout, a CIBC World Markets analyst. "Potash Corp. is the crown jewel of the potash industry due to its collection of potash assets in a politically stable environment."

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