Israel Chemicals trades up after Potash Corp sells $700m of shares

Aidan Gregory

January 16, 2018 04:30 pm

Potash Corp PA 230x150 — The Rocanville potash mine owed by the Potash Corporation of Saskatchewan in Rocanville, Sask. is shown in this 2007 photo. A report on BHP Billiton's hostile bid for PotashCorp says the takeover could reduce Saskatchewan's revenues by at least $2 billion over the next 10 years. THE CANADIAN PRESS/Troy Fleece | TROY FLEECE/The Canadian Press/PA Images

UBS led the biggest Israeli follow-on offering for almost three years on Tuesday morning on behalf of the Potash Corp of Saskatchewan, the Canadian potash producer that recently merged with Agrium to create Nutrien.

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Topics

Israel UBS Equity Middle East ABBs-Block Trades Emerging Markets EMEA Middle East Equity EM Middle East

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Aidan Gregory