M&A Deal Summary

BHP Acquires Athabasca Potash

On January 28, 2010, BHP acquired chemicals company Athabasca Potash for 341M USD

Acquisition Highlights
  • This is BHP’s 1st transaction in the Chemicals sector.
  • This is BHP’s 4th largest (disclosed) transaction.
  • This is BHP’s 1st transaction in Canada.
  • This is BHP’s 1st transaction in Saskatchewan.

M&A Deal Summary
Date 2010-01-28
Target Athabasca Potash
Sector Chemicals
Buyer(s) BHP
Deal Type Add-on Acquisition
Deal Value 341M USD
Advisor(s) CIBC Capital Markets
Canaccord Genuity Corp. (Financial)
Dentons (Legal)

Target

Athabasca Potash

Saskatoon, Saskatchewan, Canada
Athabasca Potash, Inc. provides potash to Saskatchewan basin.

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Buyer(S) 1

Buyer

BHP

Melbourne, Australia

website

Category Company
Founded 1851
Sector Metals/Mining
Employees31,589
Revenue 42.9B USD (2020)
DESCRIPTION

BHP is a multinational mining and oil/gas exploration company. BHP was formed in 2001 from the merger of Australian Broken Hill Proprietary Company Limited (BHP) and the Anglo–Dutch Billiton plc. BHP was founded in 1851 and is based in Melbourne, Australia.

DEAL STATS #
Overall 5 of 7
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 4 of 5
State (Saskatchewan) 1 of 1
Country (Canada) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 4 of 4
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DATE TARGET DEAL TYPE VALUE
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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-22 Fayetteville Shale assets - BHP Billiton

Oklahoma City, Oklahoma, United States

Chesapeake's Fayetteville shale assets include approximately 487,000 acres of leasehold and producing natural gas properties located in Arkansas, USA.

Buy $4.8B
Mergr

Product

Company

Legal