|Bid||17.485 x 0|
|Ask||17.685 x 0|
|Day's Range||17.250 - 17.495|
|52 Week Range||17.250 - 46.725|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
In addition to the regulatory approval from the US (MOO), this merger has also received approval from Canada, Russia, India, China, and Brazil.
Let’s talk about the popular Potash Corporation of Saskatchewan Inc (TSX:POT). The company’s shares maintained its current share price over the past couple of month on the TSX, with aRead More...
Potash (POT) and Agrium get final clearance for their merger deal which is expected to close effective Jan 1, 2018. The combined company, to be known as Nutrien, will commence trading on Jan 2.
WASHINGTON/CALGARY, Alberta, Dec 27 (Reuters) - Potash Corp of Saskatchewan Inc and Agrium Inc have received final regulatory clearance to merge, forming a new company to be known as Nutrien, the two firms said on Wednesday. The two Canadian fertilizer and chemical companies agreed to divest two of Agrium's U.S. production facilities to ensure merger approval from the U.S. Federal Trade Commission. PotashCorp and Agrium agreed in a settlement with the FTC to divest one facility to Itafos and another to Trammo Inc, the FTC said.
Potash Corporation of Saskatchewan Inc (NYSE:POT) delivered a less impressive 5.42% ROE over the past year, compared to the 13.90% return generated by its industry. An investor may attribute anRead More...
Potash Corporation of Saskatchewan Inc and Agrium Inc have agreed to divest two of Agrium's U.S. production facilities to win merger approval from the U.S. Federal Trade Commission, the FTC said on Wednesday.
Chilean development agency Corfo and lithium company SQM have agreed to suspend their arbitration battle for 30 days as they make a new push to solve a dispute over mining royalties, Corfo said on Monday. SQM and Corfo have been embroiled in a high-stakes arbitration since May 2014. On Monday, SQM, Pampa Calichera and Potash met with Eduardo Bitran, head of Corfo, to reopen the discussion.
PotashCorp (POT) has had a weak 2017, with negative returns most of the year. However, the stock recovered toward the end of the year.
Potash is a key agricultural fertilizer nutrient, which is why stabilizing demand and prices is good news for some potash stocks.
PotashCorp's (POT) CEO (chief executive officer) Jochen Tilk stated that the monsoon in India was quite good. India's fertilizer purchase appears to be driven by weather.
PotashCorp's (POT) CEO (chief executive officer) Jochen Tilk said potash prices for the company were 20% higher year-over-year, driven by higher affordability and tight supply.
On November 29, 2017, PotashCorp (POT) provided an update on its recent activities and an update on the fertilizer industry for all three NPK (nitrogen, phosphorous, and potassium) macronutrients.
Deere, CenturyLink, Mosaic, Sociedad Quimica y Minera de Chile S.A. and Intrepid Potash highlighted as Zacks Bull and Bear of the Day
The overall fundamentals for the fertilizer industry are improving on the back of improved demand scenario for major crop nutrients and an upswing in the farm economy.
According to Israel Chemicals' June 2017 6-K filings, India imported 3.8 million tons of potash in 2017, while China imported 6.8 million tons of potash.
PotashCorp owns 22% of Sinofert Holdings and appoints two of the seven board members. Sinochem is the largest owner of Sinofert Holdings with a 53% stake.
Potash has agreed to divest its 32 percent stake in SQM, as well as minority stakes in ICL Israel Chemicals and Arab Potash Co, to comply with regulators' concerns in China and India about its merger with Agrium Inc. "You can imagine the broad interest of potential bidders and actual bidders is coming from those who are interested in lithium as a metal and also producers of batteries or battery parts.
Chinese groups have shown "broad interest" in buying Potash Corp of Saskatchewan's stake in Chilean lithium producer SQM, Potash Corp Chief Executive Jochen Tilk said on Wednesday. Potash has agreed to divest its 32 percent stake in SQM, as well as minority stakes in ICL Israel Chemicals and Arab Potash Co, to comply with regulators' concerns in China and India about its merger with Agrium Inc.
PotashCorp owns 14% of Israel Chemicals (ICL) and does not have any ICL board members. Israel Corporation holds the majority stake in Israel Chemicals.
PotashCorp owns 28% of Arab Potash and can appoint three of the latter's 12 board members. It can also reportedly appoint senior management positions.