FRANKFURT, Sept 6 (Reuters) - Canada's Potash Corp of
Saskatchewan POT.TO has hired a third investment bank as
adviser in its effort to take over German fertiliser maker K+S
SDFGn.DE , a German newspaper reported on Sunday.
Bank of America Merrill Lynch (NYSE:BAC) will join Morgan Stanley (NYSE:MS) and
Deutsche Bank (XETRA:DBKGn) in advising the Canadians in the effort, the
Frankfurter Allgemeine Zeitung newspaper said, without citing
sources.
K+S has also taken on Rothschild as an adviser, alongside
Goldman Sachs (NYSE:GS), the paper added, again without citing sources.
K+S rejected a 7.9 billion euro ($8.81 billion) offer from
Potash but said it would consider any improved offer after its
position was boosted by stronger than expected quarterly
earnings. ID:nL5N10O0J9
Potash and K+S were not immediately available for comment.
The banks all declined comment, the Frankfurter Allgemeine
Zeitung said.
($1 = 0.8966 euros)