Agrium Wants Expedient Merger
August 20, 2010 at 13:48 PM EDT
Agrium Inc. (AGU) and AWB Ltd. have signed a definite agreement with respect to the merger proposed on Aug 15, 2010. AWB accepted Agrium’s A$1.24 billion (US $1.19 billion) acquisition offer discarding Australian grain maker, GrainCorp Limited’s all-stock proposal of A$885 million ($850 million). Agrium’s all-cash $1.50 ($1.44) per share, represents a 57% premium [...]
