PSC/AGU merger now expected to close by end Q4

摘要

The impending merger between PotashCorp and Agrium is now anticipated to close by the end of the fourth quarter rather than the end of Q3 as had been expected previously, the companies said September 7. The Chinese Ministry of Commerce (MOFCOM) and the Competition Commission of India (CCI) both intend to base their final approvals for the proposed merger on the divestment of some of PotashCorp’s offshore minority holdings, according the joint press release.