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 5th 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.

Search 200,291 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

BHP

Melbourne, Australia

Category Company
Founded 1851
Sector Metals/Mining
Employees38,962
Revenue 55.7B USD (2024)
DESCRIPTION

BHP is a multinational mining and oil/gas exploration company. BHP was founded in 1851 and is based in Melbourne, Australia.


DEAL STATS #
Overall 5 of 8
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 4 of 6
State (Saskatchewan) 1 of 1
Country (Canada) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-02 Exploration Assets - Falkland Oil & Gas

London, United Kingdom

Exploration Assets - Falkland Oil & Gas Ltd. are 14 exploration and production licenses offshore the Falkland Islands in the South Atlantic.

Buy -
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