Agrium Inc. (NYSE: AGU) is going to buy AWB Limited (ASX: AWB)

Agrium Inc. is ready for a great deal

In brief: Agrium Inc. (NYSE: AGU) suggested that AWB Limited (ASX: AWB) $ 1,1 billion, analysts say future deal successful.

Agrium Inc. (NYSE: AGU) is going to buy one of the most promising Australian companies. Agrium Inc. (NYSE: AGU) shares fell to 66.75, losing -0.52 (-0.77%).

At the same time, analysts believe, that Agrium Inc. shares will rise today. Canadian fertilizer producer Agrium offered A $ 1,2 billion ($ 1.1 billion) in cash for Australia’s largest wheat exporter AWB. So, Agrium could pay A $ 1,5 for each share of AWB, which is 38% higher than the offers GrainCorp in the amount of A $ 1,09 per share.

Anrey Torbinski
2010-08-16 14:57, Economics.

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