© Guy Quenneville/CBC A report suggests Australian miner BHP could be considering a takeover bid for potash company Nutrien, but one professor says any foreign bid is doomed to fail for political reasons. More than 11 years after a failed takeover, Australian mining giant BHP could once again have its eyes on Saskatoon-based Nutrien, the world's largest fertilizer maker. And a Nutrien official declined to comment, saying the company "doesn't comment on speculation or rumour." He said Nutrien may also be an attractive asset because of the tightening supply and rebounding world market for potash. In November 2010, the federal government blocked the takeover, and BHP withdrew its bid.

Source: CBC News January 21, 2022 03:49 UTC