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Agrium Receives Australian Foreign Investment Approval

Written by Investing News Network
|
Oct. 04, 2010 12:39PM PST

Agrium Inc. (TSE:AGU, NYSE:AGU) announced today that it has received clearance from Australia’s Foreign Investment Review Board (“FIRB”) regarding Agrium’s proposed acquisition of AWB Limited under the previously announced scheme of arrangement at a price of A$1.50 per share.

Agrium Inc. (TSX:AGU, NYSE:AGU) announced today that it has received clearance from Australia’s Foreign Investment Review Board (“FIRB”) regarding Agrium’s proposed acquisition of AWB Limited under the previously announced scheme of arrangement at a price of A$1.50 per share.

The press release is quoted as saying:

FIRB has notified Agrium that there are no objections to the proposed acquisition in terms of the Australian Government’s foreign investment policy.

Click here to access the entire press release

tsx:agu nyse:agu australia
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