
Tag Archives OCI

Fertilizer maker CF Industries, OCI end merger deal
Reuters — U.S. fertilizer maker CF Industries Holdings Inc and Dutch rival OCI NV ended their merger agreement on Monday, following the U.S. Treasury’s steps to curb tax avoiding inversion deals. CF Industries had agreed to buy OCI NV’s North American and European plants for US$6 billion in August, in addition to assuming US$2 billion […] Read more

CHS locks in fertilizer supply, scraps plan for N.D. plant
Reuters — U.S.-based agribusiness CHS Inc. said it would invest US$2.8 billion in a unit of fertilizer producer CF Industries to secure nitrogen fertilizer supplies. This is the third deal in a week in the highly fragmented global fertilizer industry, which is trying to cope with weak prices caused by excess supply. CHS will have […] Read more

Fertilizer firm CF Industries to buy OCI assets
Reuters — U.S. fertilizer maker CF Industries said on Thursday it will buy OCI NV’s North American and European plants for US$6 billion, making CF the world’s largest publicly-traded nitrogen company. The stock and cash deal comes 10 months after CF’s merger talks with Yara International collapsed. It marks the largest fertilizer M+A deal since […] Read more
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