REUTERS POLL-Potash investors eye 25 pct lift to BHP bid

Fri Aug 20, 2010 4:02pm GMT

* Shareholders think deal could be done at $162

* Believe deal is likely to go through

* Think chances of rival bid are slim

* Analysts predict deal at $157 per share

By Cecilia Valente and Eric Onstad

LONDON, Aug 20 (Reuters) - Investors in Canada's Potash Corp think BHP Billiton could succeed in its bid for the company if it sweetens its $39-billion offer by a quarter, according to a Reuters poll.

Asked at what price a takeover could happen, a sample of 11 global shareholders produced an average answer at $162 per share, against the $130 offer on the table.

Separately, a Reuters poll of 15 analysts in North America and in Europe found that the industry specialists believe a deal could be done at $157.   Continued...

  • Africa
  • US
  • Europe
  • Asia
UK £ USD =1.2617
Euro USD =1.1124
Rand USD =0.0764