CEO Mike Wilson of Agrium stated that "if those assets come out at a value that makes sense for Agrium, of course we would look at them". Wilson also said "We would be interested in nitrogen, we would be interested in phosphate and we would even love their potash if they wanted to spin some out".
Agrium is North America's third largest fertilizer producer by market value. It is currently about to complete a $1.2 billion bid for AWB Ltd. (Australian wheat producer)
"Things are heading up in the fertilizer market" says Andy Kibbens, Co-CEO of "The Markets Are Open". He believes that there will be alot of M&A in fertilizer stocks coming into the fall as stocks are dirt cheap.
