Reuters — U.S. fertilizer company Mosaic Co., grappling with falling prices and profits, is looking for acquisitions that could be bargain-priced in a weak commodity sector. The world’s largest producer of finished phosphate products on Thursday forecast lower selling prices for potash and phosphate in the current quarter. The Plymouth, Minn.-based company also reported fourth-quarter […] Read more
Tag Archives acquisitions — page 4
Mosaic looks for bargain buys as fertilizer sector slumps
Grain handler Scoular on hunt for more Canadian buys
Winnipeg | Reuters — U.S. crop handler The Scoular Co. is looking to acquire stakes in grain and oilseeds facilities in Western Canada, fresh off agreeing to its first major purchase in the crop-growing belt, the private company’s chief operating officer said Monday. Scoular last week agreed to pay $94 million for the special crops […] Read more
U.S. grain firm Andersons not interested in being bought
New York | Reuters — U.S. grain handler Andersons Inc. is not interested in being acquired, CEO Mike Anderson said on Thursday after Richardson International expressed interest in a takeover. Richardson, one of Canada’s largest grain handlers, last week said it was interested in Andersons as part of a push to expand in the U.S. “Our strategy […] Read more
Supply management limits growth in Canada, Saputo says
Reuters — Canada’s tightly managed dairy sector limits domestic opportunities for Saputo, the country’s largest dairy, forcing it to focus on growth elsewhere, the company’s chief executive said Thursday. CEO Lino Saputo Jr. emphasized in an interview that the company is not lobbying Ottawa to either dismantle or preserve Canada’s supply management system for dairy, […] Read more
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