Nutrien Ltd is in talks for a potential deal involving Australian rural services firm Ruralco, the Canadian fertilizer maker said on Tuesday, following a media report about a possible takeover of Ruralco.
No agreement has been reached yet and there is no assurance that there will be one, Nutrien added.
Ruralco, which had a market value of A$321.5-million ($230-million) as of Tuesday, was unavailable for comment outside usual business hours.