Nutrien closes the sale of its equity position in Arab Potash Company
Published by Robyn Wainwright,
Assistant Editor
World Fertilizer,
Nutrien Ltd. has announced that it has completed the sale of its minority equity investment in Arab Potash Company to SDIC Mining Investment Co. Ltd. for gross proceeds of US$502 million.
Completion of the Arab Potash Company sale was required by the Competition Commission of India and Ministry of Commerce in China in providing their clearance for the merger of Agrium and PotashCorp to form Nutrien.
Read the article online at: https://www.worldfertilizer.com/special-reports/25102018/nutrien-closes-the-sale-of-its-equity-position-in-arab-potash-company/
You might also like
Access, not cost, will define fertilizer markets after Hormuz
ICIS reports on how the disruption in the Strait of Hormuz is reshaping fertilizer markets, suggesting the key issue is no longer what fertilizer costs, but whether supply can be secured at all.
