Canada’s farmers aren’t likely to see less competition for their crop chemical dollars if the owner of Adama Canada buys Syngenta, the Canadian antitrust watchdog has ruled. The Competition Bureau on Tuesday issued a “no action” letter for the takeover of Syngenta by China National Chemical Corp. (ChemChina), saying the deal is “unlikely to result […] Read more
Canada’s competition watchdog clears Syngenta takeover
Agrium’s CPS agrees to shed four Alberta retail sites
Agrium’s Crop Production Services (CPS) arm will need to sell four ag retail sites in eastern Alberta to close on its deal to buy an independent western Prairie retail chain. The federal Competition Bureau on Thursday announced an agreement with CPS dealing with the company’s planned purchase of Andrukow Group Solutions Inc. which operates 18 […] Read more
Fertilizer merger faces easier approval at home than in U.S.
Toronto/Washington | Reuters — Canada’s PotashCorp and Agrium are more likely to win approval for a potential merger in Canada than in the U.S., but U.S. rejection of the deal would scuttle it globally, competition lawyers said. Saskatoon-based PotashCorp and Calgary’s Agrium confirmed Tuesday they were in preliminary merger talks, toward a deal that would […] Read more
PotashCorp, Agrium merger would send farmers to regulators
Winnipeg/Chicago | Reuters — North American farmers will pressure regulators to protect their negotiating leverage with fertilizer suppliers if PotashCorp and Agrium agree to merge, major farm groups said on Wednesday. The potential deal revealed on Tuesday would combine the world’s largest fertilizer producer by capacity, with the continent’s biggest network of farm retail dealers, […] Read more
CPS to seek buyer for Sask. farm supply outlet
A deal for Agrium’s Crop Production Services (CPS) to buy a crop input retail chain in north-central Saskatchewan will require the company to sell off a retail outlet and a pair of its storage sites. The federal Competition Bureau on Monday announced it has an agreement with CPS over its planned deal to buy six […] Read more
Canadian, U.S. regulators clear Heinz and Kraft merger
Antitrust regulators in both Canada and the U.S. have fixed their seals of official inaction on ketchup giant H.J. Heinz’s play for control of Kraft Foods Group. Canada’s Competition Bureau has confirmed that it wrapped its review of the proposed deal and issued its “no action” letter to the companies on Wednesday. A “no action” […] Read more
Regulators clear path for Westeel takeover
Federal competition watchdogs have cleared the path for grain handling equipment maker Ag Growth International to close its deal for bin manufacturer Westeel. AGI announced it had completed its deal to buy its fellow Winnipeg-based manufacturing firm for $221.5 million on Wednesday — after announcing the Competition Bureau of Canada would allow the deal on which […] Read more
Ontario Farmer newspaper cleared for sale
Long-running weekly agricultural journal Ontario Farmer is expected to be under new ownership within weeks as federal regulators have cleared its sale. The federal Competition Bureau on Wednesday issued a “no-action” letter for Sun Media’s planned sale of its 175 English-language specialty titles and daily and weekly newspapers to Postmedia for about $316 million. Ontario […] Read more
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