Nutrien Announces Agreement for Sale of Equity Position in Profertil S.A.

Core Viewpoint - Nutrien Ltd. has agreed to sell its 50 percent equity stake in Profertil S.A., a nitrogen producer based in Argentina, to Adecoagro S.A. and Asociacion de Cooperativas Argentinas Coop Ltda for approximately US$600 million on a pre-tax basis [1] Group 1 - The sale involves a joint acquisition by Adecoagro S.A. and Asociacion de Cooperativas Argentinas Coop Ltda [1] - The transaction reflects Nutrien's strategic decision to divest from its investment in Profertil [1] - The expected purchase price for Nutrien's shares in Profertil is around US$600 million [1]