China’s State-Owned Sinochem May Bid for Potash (POT)

China wealth fund Sinochem Corp has approached Singapore state investor Temasek, which manages $134 billion in assets, to join a consortium that may bid for Canada’s fertilizer firm Potash Corp (POT), sources with knowledge of the deal said on Tuesday. Potash has already received a hostile $38.6 billion offer from BHP Billiton (BHP).- Reuters