Saskatoon-PotashCorp revealed last week that it has increased its stake in Israel Chemicals Ltd. from 10 percent to 11 percent. It paid $115 million for the extra stock. The company revealed this to analysts last week, saying an opportunity came up and it took it. PotashCorp President and CEO Bill Doyle told analysts that there are good opportunities right now for further company growth. “And certain competitors of ours may find themselves to be in a leveraged position unexpectedly. And there may be opportunity for us to take advantage of that.”
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