Canpotex’s corporate update

Canpotex Ltd. reported that the company has agreed to sell US$222 million worth of potash to a consortium of buyers in India at a higher price than a separate deal made by one of its competitors last month.

The press release is quoted as saying:

Canpotex is the international marketing organization owned by Potash Corporation of Saskatchewan (PotashCorp) (TSX:POT), Calgary-based Agrium Inc. (TSX:AGU) and a Canadian subsidiary of Mosaic Co. (NYSE: MOS).

Click here to access the entire press release