Agrium Receives Australian Foreign Investment Approval

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.

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