Source: CBC News, September 7, 2017
Nutrien merger deal now expected to close in 4th quarter of 2017
A deal that will bring together two massive agriculture companies is expected to be delayed by trade issues.
A corporate merger between PotashCorp and Agrium is now expected to close by the end of the fourth quarter of 2017.
The new company, Nutrien, will bring PotashCorp’s huge network of fertilizer mines together with Agrium’s global direct-to-farmer retail network. The company is expected to be worth $36 billion US.
Image Source: Nutrien would be the world’s number one producer of potash and number two producer of nitrogen fertilizer with operations in 18 countries and more than 20,000 employees worldwide. (CBC)
