Potash Corp, Agrium Win Final Approval to Merge, Forming Nutrien

Potash Corp, Agrium Win Final Approval to Merge, Forming Nutrien

Potash Corp of Saskatchewan Inc. and Agrium Inc. have received final regulatory clearance to merge, forming a new company to be known as Nutrien, the two firms said on Wednesday and reported on Reuters.com.

Advertisement

The two Canadian fertilizer and chemical companies agreed to divest two of Agrium’s U.S. production facilities to ensure merger approval from the U.S. Federal Trade Commission.

PotashCorp and Agrium agreed in a settlement with the FTC to divest one facility to Itafos and another to Trammo Inc, the FTC said.

Read more at Reuters.com.

Leave a Reply