Combination could be announced as soon as next week
Potash Corp. of Saskatchewan Inc. (TSE:POT), the world’s second-largest producer of its namesake fertilizer, and Agrium Inc. (TSE:AGU) are planning to merge, people familiar with the matter said, as the companies battle falling prices and a decline in spending from farmers.
The combination could be announced as soon as next week, the people said, asking not to be identified because the deliberations are private. No final decisions have been made and the Canadian companies could decide against a deal, they said.
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