IFLR1000

Potash $36 billion merger with Agrium

1/1/2018
Merger
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$ 36 billion

Completed

1/1/2018

Overview:

  • Canadian fertilizer companies Potash and Agrium have combined to create a $36 billion industry leader.
  • The newly formed company is now known as Nutrien. 
  • The merger came amid a difficult climate for agricultural suppliers.
  • Both Potash and Agrium had US-listed shares.
  • The new company's headquarters will be in Saskatoon, Saskatchewan.
  • The deal was first announced in September 2016. 

Kurt Stumpo - Journalist

Jurisdictions:

Canada
United States

Deal type:

Merger

Practice area:

M&A

Industry sectors:

Industrials and manufacturing
Agriculture

Firms:
Blake Cassels & Graydon

Party: Agrium (Merger party)

Jones Day

Party: Potash (Merger party)

Lawyer: Robert Profusek

Norton Rose Fulbright Canada

Party: Agrium (Merger party)

Lawyer: Walied Soliman

Paul Weiss Rifkind Wharton & Garrison

Party: Agrium (Merger party)

Lawyers: Matthew Abbott, Robert Schumer, Ted Maynard

Shearman & Sterling

Party: Barclays (Financial adviser)

Lawyer: John Marzulli

Skadden Arps Slate Meagher & Flom

Party: RBC Capital Markets (Financial adviser)

Party: Bank of America Merrill Lynch (Financial adviser)

Lawyer: Paul Schnell

Stikeman Elliott

Party: Potash (Merger party)

Lawyers: Mike Devereux, William Braithwaite

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