Potash Corp news

Agrium Inc. and Potash Corp. of Saskatchewan Inc. have announced that their proposed merger of equals transaction has been approved by India.

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.

In order to match supply to market demand, and to utilise its lowest-cost Rocanville facility, Potash Corp. has announced that it will temporarily curtail potash production at two Canadian mines.

IC Potash Corp. has announced that it has filed a management information circular regarding its previously announced proposed settlement with Cartesian Capital Group, LLC.

According to Bloomberg, Ethiopia is considering looking for a new partner to help develop a potash mine that was abandoned in 2016 by Israel Chemicals Ltd.

The Canadian Competition Bureau has granted approval for the proposed merger of equals between PotashCorp and Agrium.

Potash Corp. of Saskatchewan Inc. and Agrium Inc. have provided an update on the status of their merger of equals transaction.

Potash Corp. of Saskatchewan Inc. and Agrium Inc. has announced that once the anticipated merger transaction closes, the new company will be named Nutrien.

The Potash Corporation of Saskatchewan Inc. and Agrium Inc. merger is set to be complete in 3Q17.

“Strong customer engagement and positive potash pricing trends from the second half of 2016 are expected to carry into the new year,” said PotashCorp President and Chief Executive Officer, Jochen Tilk.