May 17, 2018 / 11:08 AM / 5 months ago

BRIEF-Tianqi Lithium Agrees To Purchase Nutrien's Sqm A Share Investment

May 17 (Reuters) - Nutrien Ltd:

* TIANQI LITHIUM AGREES TO PURCHASE NUTRIEN’S SQM A SHARE INVESTMENT

* NUTRIEN LTD - ANNOUNCED TRANSACTION REPRESENTS ENTIRETY OF NUTRIEN’S “A SHARES” AT A GROSS VALUATION OF APPROXIMATELY US$4.07 BILLION.

* NUTRIEN - CO, TIANQI LITHIUM SIGNED AGREEMENT, WHEREBY TIANQI LITHIUM AGREED TO PURCHASE 62,556,568 “A SHARES” OF SOCIEDAD QUÍMICA Y MINERA DE CHILE

* NUTRIEN LTD - STILL RETAINS OWNERSHIP OF 20,166,319 SQM “B SHARES” AND EXPECTS TO DIVEST THESE SHARES IN DUE COURSE

* NUTRIEN - SALE OF SQM HOLDINGS REQUIRED BY COMPETITION COMMISSION OF INDIA AND MINISTRY OF COMMERCE IN CHINA TO PROVIDE CLEARANCE FOR MERGER Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below