Agrium, Potash say to merge into $36-billion crop fertilizer giant
Jochen Tilk, president and CEO of PotashCorp.
New York - Arab Today
Agrium Inc and its rival Potash Corp said on Monday they had agreed to merge to create a $36-billion global crop fertilizer behemoth.
The new company will combine potash, nitrogen and phosphate production with a global distribution network, employing just under 20,000 people, and is to generate $500 million in savings from joint operations, a joint statement said.
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