Nutrien Closes Sale of Profertil Stake for $600 Million
Reuters
Dec 11
Nutrien Closes Sale of Profertil Stake for $600 Million
Nutrien Ltd. has completed the sale of its 50 percent equity position in Argentina-based nitrogen producer Profertil S.A. The stake was acquired jointly by Adecoagro S.A. and Asociacion de Cooperativas Argentinas Coop Ltda for approximately US$600 million on a pre-tax basis. With this transaction, Nutrien has generated about US$900 million in gross proceeds from asset divestitures since the fourth quarter of 2024. Company President and CEO Ken Seitz stated that the sale supports efforts to simplify Nutrien's portfolio and improve cash conversion, with proceeds intended for growth investments, share repurchases, and debt reduction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nutrien Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251209534407) on December 10, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.