Lure of Anglo’s copper mines could test BHP’s spending resolve
BHP needs to offer at least a 40% premium over Anglo's share price for a new takeover bid, but its CEO has committed to spending discipline.
After clearing various regulation hurdles, Agrium and the Potash Corporation of Saskatchewan merged together at the start of 2018 to become the world’s largest fertilizer company, Nutrien. At the time Nutrien had made various promises and many in Western Canada were cautious, hoping for the best but not fully knowing what to expect.
Now a year later, Nutrien has begun to settle into its new role in the agriculture world and according to retailers and producers it hasn’t really shaken things up all that much. However, there are a few things that still have many in Western Canada cautiously watching.