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PotashCorp and Agrium merger will create dominant crop nutrient supplier
Potash Corp, of Saskatchewan (Potash-Corp) and Agrium Inc, have agreed to combine in an all-stock merger of equals that if completed will create the world's largest integrated crop nutrient company and Canada's third-largest natural resources company. A new parent company, yet to be named, will be formed to own both companies. PotashCorp shareholders will own approximately 52% and Agrium shareholders 48% of the new company. The companies expect the transaction to close in mid-2017, subject to the satisfaction of customary closing conditions, including receipt of regulatory approvals, Canadian court approval, and approval by the shareholders of both companies. Potashcorp is headquartered in Saskatoon, Saskatchewan, and is the world's largest producer of potash and one of the largest producers of nitrogen and phosphate.
PotashCorp and Agrium merger will create dominant crop nutrient supplier
Potash Corp, of Saskatchewan (Potash-Corp) and Agrium Inc, have agreed to combine in an all-stock merger of equals that if completed will create the world's largest integrated crop nutrient company and Canada's third-largest natural resources company. A new parent company, yet to be named, will be formed to own both companies. PotashCorp shareholders will own approximately 52% and Agrium shareholders 48% of the new company. The companies expect the transaction to close in mid-2017, subject to the satisfaction of customary closing conditions, including receipt of regulatory approvals, Canadian court approval, and approval by the shareholders of both companies. Potashcorp is headquartered in Saskatoon, Saskatchewan, and is the world's largest producer of potash and one of the largest producers of nitrogen and phosphate.
PotashCorp and Agrium merger will create dominant crop nutrient supplier
2016
Article (Journal)
English
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