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.
Potash Corp. of Saskatchewan Inc. (TSE:POT) cut its dividend and its earnings guidance on Thursday as it continues to struggle with weak fertilizer prices.