Deals
CF and Yara End Talks to Create Top Fertilizer Producer
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Yara International ASA and CF Industries Holdings Inc. terminated their talks to merge and create the world’s largest maker of nitrogen-based fertilizer.
“Although we identified very significant operational and structural synergies, we were ultimately unable to agree on terms of a transaction that met the requirements of all our respective shareholders,” Deerfield, Illinois-based CF’s Chairman and Chief Executive Officer Tony Will said yesterday in a statement.