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COPYRIGHT 2006 Asia Pulse Pty Ltd
BEIJING, Feb 28 Asia Pulse - The world's biggest fertilizer enterprise, Canada-based PotashCorp of Saskatchewan Inc, yesterday completed an additional 10.01 per cent purchase of Sinochem Hong Kong Holdings Ltd for US$126 million.
The acquisition boosted PotashCorp's holding in Hong Kong-listed Sinochem Hong Kong (SEHK:0297), the Chinese fertilizer giant known as Sinofert, to 20 per cent.
PotashCorp in June last year purchased 9.99 per cent of Sinofert.
The 10.01 per cent takeover finalized yesterday gives...
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