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Agrium confirms discussions with PotashCorp regarding potential merger of equals
Aug. 31, 2016
Nutrien Ltd
CanadaFollow
CanadaAgrium Inc. (TSX: AGU) (NYSE: AGU) today confirmed that it is in preliminary discussions with Potash Corporation of Saskatchewan Inc. (PotashCorp) (TSX: POT) (NYSE: POT) regarding a potential merger of equals.
No decision has been made as to whether to proceed with such a combination, no agreement has been reached, and there can be no assurance that any transaction will result from these discussions.
Potash has a market capitalization of about $14.6 billion while Agrium is valued at about $13.2 billion.
Source: Agrium news release
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