Merger of Equals with PotashCorp

Agrium and PotashCorp to Combine in Merger of Equals to Create a World-Class Integrated Global Supplier of Crop Inputs

 

Largest Crop Nutrient Company in the World and 3rd Largest Natural Resource Company in Canada

Preeminent, Low-Cost Producer of Potash and High-Quality Nitrogen and Phosphate Integrated with Leading Global Retail Distribution Platform

New Company Better Positioned to Serve Customers with Low-Cost, High-Value Products and Services, with Continued Emphasis on Efficiency and Innovation

Expected to Generate up to US$500 Million of Annual Operating Synergies 

Strong Pro Forma Balance Sheet with Substantial Free Cash Flow to Provide Flexibility to Return Excess Capital to Shareholders and Invest in Growth, While Maintaining Strong Credit Ratings

Will Have Two Canadian Corporate Offices, One in Saskatoon and One in Calgary; Combined Workforce to Reflect Strengths and Capabilities of Both Companies; Committed to Customers and Local Communities