BHP out $314 M over PotashCorp attempt

Melbourne-BHP Billiton said last week as it released first-half earnings that the company incurred expenses of some $314 million in its failed takeover attempt of PotashCorp in 2010. However, the expense did not put much of a dent in overall BHP results, as profit attributable to the members of the BHP Billiton Group were up 71.5 percent for the first half ending Dec. 31, 2010, to US$10.5 billion on sales of $34.2 billion.