Court gives nod to merger

Agrium Inc. and Potash Corp. of Saskatchewan Inc. report that the Ontario Superior Court of Justice has issued a final order approving their merger of equals transaction to be implemented by way of a plan of arrangement under the Canada Business Corporations Act. As previously announced, shareholders of both companies overwhelmingly voted to approve the proposed merger of equals.  Other regulatory approvals are necessary, and the two parties expect to finalize the merger by mid-2017.