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Canada: Do Agrium shareholders dislike $36B Potash merger?

By  |  September 18, 2016

Agrium, maker of crop protection products, seeds, and merchandise, agreed on Monday to a $36 billion merger with Potash Corporation of Saskatchewan, the world’s largest crop nutrient company. The marriage creates a combined nutrient supplier with a market value of some $28 billion.

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    Some Agrium shareholders, however, don’t see where and how this deal benefits them. Others fear that Agrium, by virtue of this merger, is tying too much of its future to potash, the crop nutrient. Looking to ease investors’ concerns and highlight the advantages the deal will bring, Agrium management said on Thursday that they will meet with shareholders next week in Toronto.

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