PhosAgro plans to merge two fertiliser subsidiaries
Published: Tuesday, 15 November 2011
Russian group eyes 2012 to combine Ammophos and Cherepovetsky Azot
fertiliser manufacturer PhosAgro is considering plans to merge
two of its subsidiaries, phosphate-based fertiliser producer
Ammophos OJSC, and ammonium-based fertiliser producer
Cherepovetsky Azot OJSC, the company announced.
The planned transaction would create a new company
that assumes all the rights and obligations of the two
subsidiaries, PhosAgro said,...