ReutersReuters

Nutrien rises after Reuters reports of potential Latam divestments

** Shares of fertilizer manufacturer Nutrien NTR up 1.9% at C$74.20; hitting highest in over two months earlier in the session

** Co mulls divestments in South America, replacing management and halting acquisitions in Brazil following steep losses in the region, Reuters reports, citing people familiar with the matter

** Co looking at sale of Argentina, Chile and Uruguay assets to streamline operations in the region, sources say

** At least eight senior executives or managers fired or quit since April last year, including Latin America CEO and CFO and Brazil's entire supply management team, three sources add

** NTR has fallen 0.6% YTD

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