Potash Corp. of Saskatchewan Inc. late June 25 confirmed that it has made a private proposal to K+S Aktiengesellschaft (K+S) to negotiate the acquisition of K+S by PotashCorp.
PotashCorp said there is no certainty that any offer will ultimately be made or as to the terms on which such an offer might be made.
PotashCorp said it does not intend to make any additional comments on this matter at this time unless and until it is appropriate to do so, or a formal agreement has been reached.