The expected merger of equals between PotashCorp and Agrium has been delayed.
The proposal triggered a flurry of regulatory review and approval activity in Canada and the United States involving the Canadian Competition Bureau, and the Federal Trade Commission, as well as the Ministry of Commerce in China, and the Competition Commission of India.
Originally, the plan was to have the merger completed late in the third quarter of this year. Now, the transaction is expected to be completed by the end of the fourth quarter.
Once that happens, the new company will be known as Nutrien. It will be the largest global provider of crop inputs and services. The registered head office will be in Saskatoon with corporate offices in Saskatoon and Calgary.