Source: Agrium

Agrium Inc. entered into a definitive agreement with AWB Limited (formally known as the Australian Wheat Board) to acquire all the shares of AWB at a price of A$1.50 (Australian) per share.

"The combination of Agrium and AWB provides significant strategic and financial benefits to a wide array of stakeholders. We are particularly excited about the future of working with AWB employees to reinvest in the business and bring a greater choice of products and services to AWB's grower customer base," stated Agrium President and CEO Mike Wilson.

Original news release