Nutrien Closes Sale of Profertil Stake for $600 Million
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Nutrien Ltd. has sold its 50% stake in Argentina-based Profertil S.A. for $600 million to Adecoagro S.A. and Asociacion de Cooperativas Argentinas Coop Ltda. This sale is part of Nutrien's strategy to simplify its portfolio and improve cash conversion, with proceeds aimed at growth investments, share repurchases, and debt reduction. The transaction contributes to Nutrien's $900 million in gross proceeds from asset divestitures since late 2024.
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