Potash giants PotashCorp and Agrium merge

Merger will create US$36 billion global behemoth

Western Investor
September 30, 2016

Potash Crop

Saskatchewan’s PotashCorp and Calgary-based Agrium have agreed to merge in a deal that would create a global agricultural behemoth worth an estimated US$36 billion.

The deal brings together PotashCorp’s huge fertilizer mining operations — the world’s largest by capacity — with Agrium’s extensive global distribution network.

The merger still requires regulatory and Competition Bureau approvals.

The Saskatchewan government formed PotashCorp in 1975 as a Crown corporation before it was privatized in 1989. Agrium was founded in 1931 became a publicly traded company in 1993.

Frank O'Brien is the editor of Western Canada's biggest commercial real estate newspaper, Western Investor, as well as a contributing editor at West Coast Condominium, real estate contributor to Business in Vancouver and a regular media commentator on real estate investment.
Copyright © Western Investor

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