BUZZ-Potash Corp Of Saskatchewan Inc: Withdraws takeover bid for K+S

Mon Oct 5, 2015 7:17am EDT
 
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** Potash miner's U.S.-listed shares up 8.3 pct at $22.20 premarket

** Withdraws $8.9 bln offer for German K+S AG

** Cites decline in global commodity, equity markets and lack of engagement by K+S management

** Up to Friday's close, stock had fallen 25.9 pct since Potash announced its takeover proposal on June 25