CF Industries and OCI to Create Global Nitrogen Leader
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CF Industries (CF), OCI N.V. Enter $8B Merger Agreement
August 6, 2015 6:21 AM EDTCF Industries (NYSE: CF) and OCI N.V. announced that they have entered into a definitive agreement under which CF will combine with OCIs European, North American and Global Distribution businesses in a transaction valued at approximately $8 billion, based on CFs current share price, including the assumption of approximately $2 billion in net debt.
The transaction, which has been unanimously approved by the boards of directors of both companies, will create the worlds largest publicly traded nitrogen company. The transaction includes OCIs nitrogen production facilities in Geleen, Netherlands, and Wever,... More
