A multi-billion-dollar corporate battle grabbed global financial headlines in the summer of 2010. The intense drama began when the Australian mining giant B-H-P Billiton launched a hostile takeover bid for the Potash Corporation of Saskatchewan.
The staggering $ 38.6-billion cash offer shattered global records. But provincial leaders and citizens fiercely pushed back against the wall of foreign capital.
Premier Brad Wall fought the deal through August, arguing it severely threatened the province's vital resource revenues and long-term economic future.
Political and public pressure eventually forced the federal government to step in and completely block the historic foreign takeover. It proved just how valuable Saskatchewan potash is to the world.
Learn more about 100 Years of CKRM at 620ckrm.com.
100 Years of Saskatchewan History
This article is part of a series that celebrates both the history of Saskatchewan and the 100th anniversary of one of Saskatchewan's most storied radio stations. For more key moments from the last 100 years, visit the CKRM timeline.
