Canadian fertiliser company Nutrien has sold almost 20.17 million B-series shares in SQM, its remaining stake in the Chilean lithium firm, for $1bn. The move means Nutrien has fulfilled its regulatory obligations regarding its formation, following the Last month merger between Agrium and Potash Corp of Saskatchewan. January, Chinese firm Tianqi Lithium said it would acquire an almost one-quarter stake in SQM for $4.1bn.
Canadian fertiliser company Nutrien has sold almost 20.17 million B-series shares in SQM, its remaining stake in the Chilean lithium firm, for $1bn. The move means Nutrien has fulfilled its regulatory obligations regarding its formation, following the January merger between Agrium and Potash Corp of Saskatchewan. Last month, Chinese firm Tianqi Lithium said it would acquire an almost one-quarter stake in SQM for $4.1bn.