Agrium Interested In Potash Assets

Agrium AGU, the Canadian fertilizer producer, said it would be interested in the nitrogen and phosphate businesses of Potash Corp. of Saskatchewan POT if those assets came onto the market. "We are a global company that produce 8 million metric tonnes of nitrogen, phosphate and potash and markets 16 million so any assets that came on the market that fits with us we would certainly look at," Agrium Chief Executive Mike Wilson told Reuters. Potash is still in the midst of dealing with a $38.6 billion hostile takeover offer from BHP Billiton BHP, the world's largest mining company.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsRumorsM&AGlobalPre-Market OutlookIntraday UpdateMarketsMoversDiversified Metals & MiningFertilizers & Agricultural ChemicalsMaterials
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!