Skip to main content

Goldman Sachs and bofA Merrill Lynch hired by Potash Corp.

Published by
World Fertilizer,

According to Reuters, Potash Corp. of Saskatchewan Inc. has hired Goldman Sachs and BofA Merrill Lynch to explore selling its stake (32%) in Chile’s Sociedad Quimica Y Minera (SQM).

SQM, which is one of the largest lithium producers in the world, has not provided any comment.

Reportedly, this latest development comes as Potash Corp. looks to merge with another fertilizer company, Agrium Inc.

On 7 September, Reuters reports that both companies were informed by regulators in China and India that they needed to divest Potash’s offshore interests in order for the merger to gain approval.

Randy Burton – a spokesman for Potash Corp. – reportedly said that it would not be appropriate to speculate on divestitures or any other terms and conditions.

Read the article online at:

You might also like

OCP Group aims to strengthen food security in India

The company is partnering with India to carry out joint research and development initiatives, to jointly promote innovative fertilization solutions, and to offer tailor-made fertilizers that meet the specific needs of Indian farmers.


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

Potash Corp news


World Fertilizer is not responsible for the content of external internet sites.