NYSE, TSX: NTR
SASKATOON, Oct. 24, 2018 /CNW/ - Nutrien Ltd. ("Nutrien")
announced today that it has completed the sale of its minority
equity investment in Arab Potash Company ("APC") to SDIC Mining
Investment Co. Ltd. ("SDIC Mining") for gross proceeds of
$502 million.
Completion of the APC sale was required by the Competition
Commission of India and Ministry
of Commerce in China in providing
their clearance for the merger of Agrium and PotashCorp to form
Nutrien.
About Nutrien
Nutrien is the world's largest provider of crop inputs and
services, playing a critical role in helping growers increase food
production in a sustainable manner. We produce and distribute
over 26 million tons of potash, nitrogen and phosphate products
world-wide. With this capability and our leading agriculture
retail network, we are well positioned to supply the needs of our
customers. We operate with a long-term view and are committed
to working with our stakeholders as we address our economic,
environmental and social priorities. The scale and diversity
of our integrated portfolio provides a stable earnings base,
multiple avenues for growth and the opportunity to return capital
to shareholders.
FOR FURTHER INFORMATION:
Investor and Media Relations:
Richard Downey
Vice President, Investor & Corporate Relations
(403) 225-7357
Investor Relations:
Jeff
Holzman
Senior Director, Investor Relations
(306) 933-8545
Todd Coakwell
Director, Investor Relations
(403) 225-7437
Contact us at: www.nutrien.com
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SOURCE Nutrien Ltd.