Nutrien in talks with Australian company Ruralco regarding potential deal

The Nutrien Ltd. corporate logo is seen in this undated handout photo. THE CANADIAN PRESS/HO, Nutrien MANDATORY CREDIT

February 26, 2019 - 4:54 AM

SASKATOON - Nutrien Ltd. says it is in talks with Australian company Ruralco Holdings Ltd. regarding a possible deal.

Trading in Ruralco securities were halted on the Australian Stock Exchange.

Nutrien says its Landmark subsidiary in Australia is engaged in discussions with Ruralco regarding a potential transaction.

Ruralco provides a wide range of services for Australian farmers.

The Canadian company says no decision has been made and would not comment further with respect to any potential transaction.

It says any potential deal would be subject to the negotiation of a definitive agreement.

Companies in this story: (TSX:NTR)

News from © The Canadian Press, 2019

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