POTASH CORP. of Saskatchewan Inc. has declined to comment on reports originating from Australian media outlets that it may want to buy Incitec Pivot, Australia's largest fertilizer company. The Canadian potash-giant routinely declines to respond to all speculation about possible acquisitions. Barring guidance from either of the two companies, some industry watchers questioned the timing of such a theoretical purchase, noting that the share values of most fertilizer companies have declined along with other natural resources firms in recent weeks.
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