Yara to acquire Terra Industries
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...