On Wednesday 27 February 2019, Ruralco announced that it has entered into a binding Scheme Implementation Deed with Nutrien Ltd (Nutrien), under which it is agreed that Nutrien (or a subsidiary of Nutrien) will acquire 100% of the issued share capital of Ruralco for a cash price of $4.40 per share by way of a Scheme of Arrangement (Scheme).
The implementation of the Scheme is subject to a number of conditions, including approval by Ruralco shareholders, the Court, the Australian Competition and Consumer Commission (ACCC), and the Foreign Investment Review Board (FIRB), there being no material adverse change, regulatory intervention, regulated event of prescribed occurrence, and an Independent Expert’s Report concluding that the Scheme is in the best interests of Ruralco shareholders.
The information here will continued to be updated as the transaction progresses. If you have any additional questions please call the Ruralco shareholder information line.
Australian shareholders: 1300 171 805 (within Australia)
Overseas shareholders: + 61 3 9415 4124 (outside Australia)
Monday to Friday between 8.30am and 5.00pm (Sydney time)