Yara has received termination of the Terra merger agreement
(Thomson Reuters ONE) -
Oslo (2010-03-12): Yara International ASA (Yara) has received termination from
Terra Industries Inc. (Terra) of the merger agreement signed 12 February by Yara
and Terra.
Yara is entitled to a USD 123 million break-up fee payable concurrently with
merger agreement termination.
Contact
Torgeir Kvidal, Investor Relations
Telephone (+47) 24 15 72 95
Cellular (+47) 91 339 832
E-mail torgeir.kvidal(at)yara.com
Asle Skredderberget, Media Relations
Cellular (+47) 41 44 36 10
E-mail asle.skredderberget(at)yara.com
Yara International ASA is the world's leading chemical company that converts
energy, natural minerals and nitrogen from the air into essential products for
farmers and industrial customers. As the number one global supplier of mineral
fertilizers, we help provide food for a growing world population. Our industrial
product portfolio includes environmental protection agents that prevent air
pollution. Yara's global workforce of 8000 employees represents the great
diversity and knowledge that enables Yara to remain a leading performer in the
industry.
www.yara.com
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1393577]
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Datum: 12.03.2010 - 08:40 Uhr
Sprache: Deutsch
News-ID 1011306
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