Our M&A lawyers are among the most experienced and effective in the world. We represent many of the world's largest publicly traded and privately held companies, as well as leading private equity firms on their most important mergers, acquisitions and takeover transactions.
Agrium and PotashCorp to Merge, Creating $36 Billion Company
- Client News
- September 12, 2016
Paul, Weiss is advising Agrium Inc. in its $36 billion merger of equals agreement with Potash Corporation. Under the agreement, which the boards of directors of both companies unanimously approved, a new parent company will be formed to own both companies. Following the close of the transaction, PotashCorp shareholders will own approximately 52 percent of the new company, and Agrium shareholders will own approximately 48 percent on a fully diluted basis. The new company, to be named prior to the transaction's closing, will have its registered head office in Saskatoon, with Canadian corporate offices in both Calgary and Saskatoon.
The Paul, Weiss team included, among others, corporate partners Matthew Abbott, Christopher Cummings, Andrew Foley, Adam Givertz, Edwin Maynard, Claudine Meredith-Goujon and Robert Schumer and counsel Scott Grader and John Satory; employee benefits partner Lawrence Witdorchic; tax partner David Sicular and counsel Alyssa Wolpin; and environmental counsel William O'Brien.