what happened to agrium stock

Potash Corp. and Agrium try to convince investors that their merger is a good idea. “A lot of it is in terms of lowering costs of production, in terms of delivering product more effectively and efficiently.”The merger saw shareholders receive 0.40 Nutrien shares for each common share of PotashCorp they owned and 2.23 Nutrien shares for each Agrium share they owned.Meshke pointed to the fact the merger means there are two of nearly every department like accounting and human resources.“The Government of Saskatchewan is cautiously optimistic about what this means for new jobs in Saskatchewan and we should have something further to say later this week,” government spokeswoman Trelle Kolojay said in a statement to Global News on Tuesday.Nutrien will maintain two corporate offices, one in Calgary and its head office in downtown Saskatoon.“There could be some harder times with Saskatchewan,” Meshke said. Free forex prices, toplists, indices and lots more. The stock, which trades under the ticker symbol NTR, opened at $65.23 in Toronto before jumping up a little and then slumping down to about $65.05 a share in Toronto near midday.Original Agrium shareholders received 2.23 shares in Nutrien for every share they had in Agrium. Company profile page for Agrium Inc including stock price, company news, press releases, executives, board members, and contact information “So the stock market is liking it and you’re starting to see that in the higher share price.”According to a release from the company, savings will be found in procurement, distribution and retail integration, production and optimization; financial experts in Saskatchewan have concerns.The company is traded on the Toronto and New York stock exchanges under the ticker symbol NTR.According to Nutrien, the merger is expected to result in operating synergies and savings of US$500 million by the end of 2019.Nutrien stock finished its first day of trading at $69 per share.Most of the synergies are around being effective and efficient as well as operating as one organization,” Downey said.

Potential savings look like a solid argument, other parts of the merger rationale are less convincing. Shares of Monsanto Company Pop 6% as DOJ Is Expected to Approve Bayer Deal With the U.S. Department of Justice approving the deal for Bayer to acquire Monsanto, the … Calgary-based Agrium, meanwhile, was a leader in other commodities and had an extensive network of retail operations."Today we are proud to launch Nutrien, a company that will forge a unique position within the agriculture industry," the new company's CEO Chuck Magro said in a news release. The combined company has more than 1,500 farm retail centres, and employs more than 20,000 people across operations in 14 countries — but will remain headquartered in Saskatoon.Shares in the new company began trading on stock exchanges in Toronto and New York a little after 9:30 a.m. eastern time on Tuesday morning. Previous Next 5 - 4 - 3 - 2 - 1 - Overall Beat the Market Rank ™ 0.68 out of 5 stars. The new company is worth $34 billion.“It’s going to create a lot of opportunities to lower the cost of production, be more effective, and be more competitive on the world market,” Richard Downey, Nutrien’s vice-president of investor and corporate relations, said.Chuck Magro, Agrium’s chief executive officer, assumed the same role at the merged company, while PotashCorp chief executive officer Jochen Tilk became the executive chairman. It also operates potash and phosphate fertilizer mines. Calgary-based Agrium, meanwhile, was a leader in other commodities and had an extensive network of retail operations. Previous Next . Agrium was a major retail supplier of agricultural products and services in North America, South America and Australia and a wholesale producer and marketer of all three major agricultural nutrients and a supplier of specialty fertilizers in North America.

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