FERTILISERS
The TSX-listed equity of freshly minted fertiliser producer, distributor and retailer Nutrien gained nearly 6% on Tuesday – its first trading day following closure of the transaction on New Year’s day.
The ‘merger of equals’ has created a new top-tiered fertiliser company with a total market capitalisation of about $36-billion, holding the largest crop nutrient production portfolio combined with a significant global retail distribution network that includes more than 1 500 farm retail centres.
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