POTASH M&A
The merger of potash and crop fertiliser majors Potash Corp of Saskatchewan and Agrium Inc is making progress on the regulatory front in all remaining jurisdictions, but at a slower-than-expected pace, pushing out the expected closure by about three months to late in the fourth quarter, the companies advised on Thursday.
The transaction, billed as a “merger of equals” that will see the creation of a new $36-billion entity, to be named Nutrien, is working its way through the regulatory review and approval process in several jurisdictions.
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