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SEAN SILCOFF

Potash designs on Israeli producer unlikely to bear fruit

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Potash Corp. of Saskatchewan Inc. would love to buy a control stake of ICL Israel Chemicals Ltd. – it owns 13.8 per cent and has long coveted more – but knows it faces a tough fight. At an investor conference on Tuesday, Potash chief financial officer Wayne Brownlee dismissed opposition in Israel to such a potential deal as “fear of the unknown.”