Agrow is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Agricore accepts SWP's (Saskatchewan Wheat Pool) revised take-over bid:

The Canadian agrochemical distribution, seed and grain handling company, Agricore (Winnipeg, Manitoba), has accepted a revised take-over bid by Saskatchewan Wheat Pool (SWP - Saskatoon, Saskatchewan). The new cash offer of Can$20.50 (US$18.50) per share values Agricore at some Can$1,800 million. Agricore has terminated its recent acquisition agreement with James Richardson International (JRI - Agrow No 518, p 2). Under the new deal, which JRI supports, Agricore will sell certain grain and retail facilities to JRI after the closure of the SWP transaction. The combined Agricore/SWP operation will be the largest Canadian agribusiness, with annual sales of some Can$4,000 million, the companies point out.

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

AG026493

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel