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Agrium, PotashCorp merger completed
Jan. 4, 2018
Nutrien Ltd
CanadaFollow
Canada
PotashCorp CanadaFollow
Canada
"Today we are proud to launch Nutrien, a company that will forge a unique position within the agriculture industry," said Chuck Magro, President & Chief Executive Officer of Nutrien. "Our company will have an unmatched capability to respond to customer and market opportunities, focusing on innovation and growth across our retail and crop nutrient businesses. Importantly, we intend to draw upon the depth of our combined talent and best practices to build a new company that is stronger and better equipped to create value for all our stakeholders."
Nutrien common shares will trade on the Toronto Stock Exchange and the New York Stock Exchange under the ticker symbol NTR beginning the mergering. Trading of common shares of Agrium and PotashCorp was halted on the Toronto Stock Exchange and New York Stock Exchange concurrently with the listing of Nutrien common shares on such exchanges. The merger of equals resulted in PotashCorp shareholders receiving 0.40 common shares of Nutrien for each common share of PotashCorp they owned, and Agrium shareholders received 2.23 common shares of Nutrien for each common share of Agrium they owned.
Source: Agrium news release
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