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Nutrien to Sell All Stakes in Egypt’s Mopco
December 20th, 2020 - 01:00 GMT

Nutrien to Sell All Stakes in Egypt’s Mopco

Canada-based Nutrien , a global provider of crop inputs and services, said it will sell 100% of its stake in Misr Fertilizers Production Company (Mopco) in Egypt for $540 million and settle all arbitration claims. Nutrien said it would sell 59.57 million shares of Mopco and upon closing settle all arbitration claims it had made against the government of Egypt and Mopco’s affiliate, the Egyptian Nitrogen Products Co SAE. Total ...
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