Agrium Inc. reaches an agreement with the Federal Trade Commission on the terms of a consent decree which Agrium says it is optimistic will allow for the closing of the acquisition of UAP Holding Corp

Agri Marketing, May, 2008

Agrium Inc. reaches an agreement with the Federal Trade Commission (FTC) on the terms of a consent decree which Agrium says it is optimistic will allow for the closing of the acquisition of UAP Holding Corp.

It is undertaking the divestiture of up to seven retail centers (out of a total of approximately 370 stores) identified by the FTC staff as areas of concern. The consent decree would allow for the closing of the acquisition prior to finalizing the divestiture of these outlets. The consent decree is subject to approval of the FTC Commissioners who will be reviewing the matter.