Tuesday, September 13, 2016

Will The TBA Fertilizer Company Ever Exist?

Potash Corp. and Agrium officially announced a merger agreement.
The merger of equals will provide tons of benefits to shareholders including a dominant market position in crop inputs and $500 million in synergies.
An investment in the merger deal assumes regulators will approve the top two players in the fertilizer segment forming a dominant industry player.
In a time period when numerous large scale mergers have been blocked by government regulators, the decision of Potash Corp. (NYSE:POT) and Agrium (NYSE:AGU) to go forward with a merger is interesting. Even more interesting is that a large amount of the merger presentation appeared to highlight the very benefit as having the largest scale by far in the crop input segment.
Read the full article on Seeking Alpha.

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