Yara to acquire Terra Industries

By Mark Watts
Published: Monday, 15 February 2010

Fertiliser producers agree $4,100m. deal, giving Yara a large slice of the US market

Yara International ASA has agreed to acquire US fertiliser producer Terra Industries Inc. for $4,100m., the Norwegian group announced.

 

Yara said the acquisition would strengthen its position in the US fertiliser market and provide synergies in sourcing and distribution.

 

The deal comes after Terra rejected several takeover...

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