Saskatoon-Athabasca Potash Inc. said March 18 that the holders of API common shares and options voted 99.84 percent in favor of BHP Billiton’s acquisition of API (GM Feb. 1, p. 1). BHP Billiton Canada Inc. will acquire all of the issued and outstanding common shares of API for C$8.35 cash per common share, or C$341 million. The transaction is expected to close March 23, 2010, and shortly thereafter API’s common shares will be de-listed from the Toronto Stock Exchange.
Transparency Across the Fertilizer Value-Chain