BHP Billiton in $40 Billion All-Cash Offer to Acquire PotashCorp

Cleary Gottlieb is advising BHP Billiton in connection with its $40 billion all-cash offer to acquire Potash Corporation of Saskatchewan.

BHP Billiton is a global leader in the resources industry occupying significant positions in major commodity businesses, including aluminium, energy coal and metallurgical coal, copper, manganese, iron ore, uranium, nickel, silver and titanium minerals, as well as having substantial interests in oil, gas, liquefied natural gas and diamonds. PotashCorp is the world’s largest fertilizer enterprise by capacity producing the three primary plant nutrients and a leading supplier to three distinct market categories: agriculture, animal nutrition and industrial chemicals.