Agrium agrees to sale of minority interest in Medicine Hat nitrogen facility and announces C$ 900-M substantial issuer bid to repurchase shares

摘要

Agrium Inc has reached an agreement for Glencore International pic (Glen-core) to sell Viterra's minority position in a nitrogen facility located in Medicine Hat, AB to CF Industries Holdings Inc (CF Industries) for C$915 M. The resulting net purchase price for the portion related to the retail business is estimated to be about C$175 M plus about C$400 M in retail working capital.