Possible Potash merger

Potash Corp., the world’s second-largest producer of its namesake fertilizer, and Agrium Inc. are planning to merge, people familiar with the matter said, as the companies battle falling prices and a decline in spending from farmers.
The combination could be announced as soon as next week, the people said, asking not to be identified because the deliberations are private. No final decisions have been made and the companies could decide against a deal, they said.
Potash has a market valuation of about $13.6 billion while Agrium is valued at about $12.5 billion.

Representatives for Agrium and Potash didn’t immediately respond to requests for comment.

POT +11% AGU +7%