UPDATE 1-Israel Chemicals makes $109 mln offer for Allana Potash
March 27, 2015 at 10:10 AM EDT
JERUSALEM/WINNIPEG, March 27 (Reuters) - Potash producer Israel Chemicals said on Friday it had made a C$137 million ($109.50 million) offer to buy Canada's Allana Potash, a deal it hopes will accelerate development of a mine in Ethiopia.