Singapore's Wilmar International Ltd. (WLMIY), the world's largest palm oil producer with diversified interests across the agriculture sector, said Wednesday it doesn't intend to bid for Canada's Potash Corp. of Saskatchewan Inc. (POT).

"Wilmar has no interest in bidding for Potash," a Wilmar spokesman said when asked by Dow Jones Newswires.

Wilmar acquired Sucrogen Ltd., the Australian sugar unit of CSR Ltd., in July and analysts said at the time the company may be poised for a buying spree.

Potash, the world's largest fertilizer producer, is fending off a $38.6 billion unsolicited offer from Anglo-Australian miner BHP Billiton Ltd. (BHP).

-By Chuin-Wei Yap, Dow Jones Newswires; 8610 8400 7704; chuin-wei.yap@dowjones.com.
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