Sunday Papers: BHP to plead with investors over Potash - bid news and gossip

The Sunday Telegraph

* Marius Kloppers will this week lead a team of BHP Billiton executives on a charm offensive across five continents in a bid to convince shareholders that its $39bn bid for PotashCorp is the best strategic move.

* Hedge funds are poised to make estimated profits of £80m from the Korean state oil company's hostile takeover of Dana Petroleum - which appears to be nearing success.

* Desigual, the Spanish fashion chain, has agreed a deal to pay £710 per sq ft for the current Disney store on Oxford Street.

* Drinks giant Diageo will be "walking through treacle" for another year as high unemployment in its biggest markets holds back sales in bars and prevents the company raising spirits prices, analysts warned.

The Observer

* Merger mania predicted as cash-rich firms stalk takeover targets; ITV, Prudential, Sainsbury and AstraZeneca thought to be among many targets.

The Independent on Sunday

* Private equity giant 3i is looking to sell the maker of Tommee Tippee baby bottles for more than £200m.

* Drapers Gardens, one of the Square Mile's biggest and newest office buildings, is to be sold for £250m despite signs of a cooling property investment market.

Mail on Sunday