Nutrien’s Ruralco Deal Gains Approval
Nutrien Ltd., Saskatoon, said Aug. 22 that it has obtained the Australian Competition and Consumer Commission’s (ACCC) approval to proceed with its acquisition of Ruralco Holdings Ltd. The transaction now requires approval from the Australian Foreign Investment Review Board (FIRB). Upon securing the necessary approvals from the FIRB, as well as Ruralco shareholders, the transaction is anticipated to be completed on Sept. 30, 2019.