Agrium (NYSE:AGU) is very close to closing the deal for AWB Limited (ASX:AWB), after being cleared by the Foreign Investment Review Board (FIRB) to go ahead with the deal.
The Board said they see the deal as being beneficial to all parties involved.
Analysts commenting on the merger concur, saying the markets of AWB in Asia, and Agrium's in North and South America will benefit the two companies.
Terms are Agrium will acquire shares in AWB at A$1.50 each, coming to $1.2 billion total.
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