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Exclusive-Nutrien Mulls Latam Divestments After Losses, Management Exodus

Exclusive-Nutrien Mulls Latam Divestments After Losses, Management Exodus
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Exclusive-Nutrien mulls Latam divestments after losses, management exodus

SAO PAULO (Reuters) -Nutrien Ltd., the world's largest producer of potash fertilizer, is mulling divestments in South America, replacing management and halting an acquisition spree in Brazil after steep losses in the region, according to sources with direct knowledge of the matter. Nutrien this year separated Brazil from the rest of its Latin American operations as it mulls the sale of Argentina, Chile and Uruguay assets in order to streamline operations in the region, two sources said. Since April 2023, at least eight senior executives or managers were fired or quit the company, including Brazil's entire supply management team, and the former Latin America CEO and CFO, according to three sources, who spoke on condition of anonymity because details of the changes have not been publicly announced. ....

Sao Paulo , United States , Andre Dias , Marcelo Mello , Ken Seitz , Caroline Stauffer , Seth Goldstein , Luis Cerresi , Nutrien Ltd , Potash Corp , Agrium Inc , South America , Latin American , Latin America , South American , Ana Mano , Rod Nickel , Anna Driver ,

Exclusive-Nutrien mulls Latam divestments after losses, management exodus

SAO PAULO -Nutrien Ltd., the world s largest producer of potash fertilizer, is mulling divestments in South America, replacing management and halting an acquisition spree in Brazil after steep losses.
-March 28, 2024 at 01:37 pm EDT
- MarketScreener ....

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