A report will be released today dealing with several scenarios which could arise in a takeover of Potash (NYSE:POT), including the existing bid by BHP Billiton of $39 billion for the fertilizer company.
The three scenarios detailed in the report, according to Glen Hodgson, chief economist at the Conference Board of Canada, are the BHP bid, a takeover from a sovereign wealth fund or investment board, and a takeover from a country like China.
Although the report is expected to have some influence in the process, it'll still take weeks before the decision from the Canadian government is made on whether it will have a "net benefit" for Canada, which is the basic parameter surrounding any decision.
The Investment Canada Act requires any takeover of a Canadian company result in that type of benefit.
It is thought Potash is probably taking measures, like lawsuits, to buy themselves time while they wait for alternative bids from other entities.
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