GFM Network News


(Dave Bedard photo)

Agrium/PotashCorp merger set for shareholder approval

Toronto/Winnipeg | Reuters — The shareholders of Agrium and PotashCorp are set to overwhelmingly approve a merger of the two Canadian fertilizer producers, according to a source familiar with the situation, despite initial skepticism from Agrium investors. About 99 per cent of the votes from both groups of shareholders are in favour of the transaction,

(Dave Bedard photo)

Agrium, PotashCorp shareholders vote on merger next month

Reuters — Agrium and PotashCorp shareholders will hold separate meetings next month to vote on a merger agreement between the two fertilizer companies, they said in a filing on Thursday. The all-stock deal would combine Potash’s crop nutrient production capacity, the world’s largest, with Agrium’s farm retail network, North America’s biggest. Agrium shareholders will meet


Bayer CEO Werner Baumann (l) and Monsanto CEO Hugh Grant on Wednesday announced plans for a friendly merger in which Bayer will buy all Monsanto stock for US$128 per share. (PRNewsFoto/Bayer)

Bayer clinches Monsanto with raised US$66 billion bid

New York/Frankfurt | Reuters — German drugs and crop chemicals company Bayer has won over U.S. seeds firm Monsanto with an improved takeover offer of US$66 billion including debt, ending months of wrangling after increasing its bid for a third time. The $128 a share deal announced on Wednesday, up from Bayer’s previous offer of