Deals
Nutrien Is a Possible Takeover Target for BHP, Analyst Says
- Nutrien may be considering its options after CEO exit: Bilson
- Nutrien was previously touted as potential partner for BHP
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The world’s top fertilizer producer could be a takeover target for BHP Group after a “peculiar” CEO change earlier this month, according to research from Gordon Haskett.
The surprise exit of Nutrien CEO Mayo Schmidt to start the year after only eight months on the job suggests the company is struggling with figuring out what it wants to do, Don Bilson, head of event-driven research at Gordon Haskett in New York, said Wednesday by phone.