Thursday, February 28, 2019

Nutrien buying an Australian company

Nutrien Ltd. is buying Ruralco Holdings Ltd. of Australia for $442 million.

Nutrien is the result of a merger of Potash Corporation of Saskatchewan and Agrium, making it the world’s biggest potash producer and fertilizer retailer.

Ruralco provides a wide range of services to Australian farmers and will complement Nutrien’s ownership of Landmark.