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canada goose clearance sale TORONTO (Reuters) Marius Kloppers, chief executive of BHP Billiton, says his company brings four decades of know how to the table in asking Canadian regulators to approve its proposed takeover of Potash Corp of canada goose clearance sale Saskatchewan. canada goose clearance sale

Lawyers say BHP, the world largest miner, may need its experience Canada Goose Outlet to ease concerns about another canada goose coats on sale foreign cheap Canada Goose takeover of a canada goose black friday sale marquee Canadian resource company.

Political scrutiny is expected to be intense after other high profile uk canada goose takeovers allowed by the minority Conservative government eventually led to Canadian job losses.

canada goose store But in the end BHP is expected to convince regulators a deal for Potash Corp, the world No.1 fertilizer supplier, is good for cheap canada goose uk Canada and the Prairie province of Saskatchewan. canada goose store

cheap Canada Goose Canada is among the friendliest of the developed economies to foreign investment, and BHP Billiton is Canada Goose online no stranger to dealing with foreign regulators. cheap Canada Goose

BHP knew that this was a non starter, we would never have heard of it, said Walid Hejazi, a professor at Canada Goose Online Rotman School of Management in Toronto.

He said the company likely held exploratory talks with the federal government before launching its bid for Potash Corp.

Canada Goose online BHP on Wednesday took its $39 billion offer to buy Potash Corp directly to shareholders after the target company board rebuffed its friendly approach as too low. Canada Goose online

canada goose coats government has no reason to block it, canada goose factory sale provided that BHP Billiton agrees to reasonable commitments under the Investment Canada Act, said Richard Steinberg, who heads mergers and acquisitions at one of Canada biggest corporate law firms, Fasken Martineau. canada goose coats

canada goose black friday sale To be sure, BHP will likely agree to keep a certain canadian goose jacket number of jobs, and it has already signaled its willingness to maintain a corporate presence Canada Goose Jackets in Saskatchewan, which holds huge reserves of potash. canada goose black friday sale

Canada Goose sale has taught me that every regulatory filing is an unbelievably important one, Kloppers told journalists during a conference call to discuss the bid for Potash Corp, based in the province largest city, Saskatoon. Canada Goose sale

Canada Goose Outlet reality. canada goose uk outlet we have been practicing for 40 years for this regulatory filing, and in Saskatchewan we have been practicing for the past 2 1/2 years for this filing. Canada Goose Outlet

canadian goose jacket BHP Billiton says it plans to keep the headquarters of its global uk canada goose outlet potash operations in Saskatchewan, canada goose store where it already owns a project that could one day produce about 8 million tons of potash annually, or 12 percent of current global capacity. canadian goose jacket

Canada Goose Parka PREVIOUS FOREIGN TAKEOVERS But opposition parties have already signaled their intention to look closely at the Australian company plan. Canada Goose Parka

canada goose we seen with the takeover of Inco, Falconbridge, Stelco, and Nortel there can be a devastating cost Canada Goose Parka when governments give foreign corporations carte canada goose blanche Canada Goose Coats On Sale to take over without any accountability or transparency, said Claude Gravelle of Canada left leaning New Democrat Party. canada goose

Canada is currently suing US Steel, alleging it failed to live up to investment commitments when it shut down its Canadian operations last year. Steel acquired the operation when it bought Stelco in 2007.

buy canada goose jacket cheap Canada also raised concerns last year with layoffs at Canadian mines Canada Goose sale owned by mining giants Vale and Xstrata, which bought Inco and Falconbridge, respectively, in 2006. Canada has since said it has no issue with the layoffs. buy canada goose jacket cheap

canada goose clearance with any foreign investment agreement, the BHP proposal has https://www.cheapcanadagoose.net the potential to strengthen the economy and create jobs, but it must be subject to a fully public review, said Gravelle. canada goose clearance

buy canada goose www.cheapcanadagoose.net jacket Marc Garneau, the industry critic for the canada goose uk black friday main opposition Liberals, canada goose uk shop said the party would not block the buy canada goose jacket deal because it agreed with opening doors to foreign investors. buy canada goose jacket

But he said the Liberals unhappy with the way some foreign takeovers were handled by the Conservative government of canada goose clearance Prime Minister Stephen Harper would press for a deal that protects jobs and benefits the economy.

Canada Goose Jackets In the end, BHP is likely prepared to accept whatever regulatory conditions Canada chooses to impose under the Investment Canada Act. Canada Goose Jackets

The only regulatory risk posed to the deal is in how long it takes to get done, and time always favors buy canada goose jacket cheap the target in a hostile bid situation.

canada goose coats on sale the defensive perspective, canada goose coats time is always your friend, said John Mackie, a lawyer for Westlaw Business Currents canada goose coats on sale.

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