BFW 10/17 05:43 *YARA INTL. TERMINATION OF MERGER TALKS W/ CF INDUSTRIES
BN 10/17 05:42 *YARA SAYS WILL CONTINUE TO DELIVER L/T VALUE
BN 10/17 05:41 *YARA, CF INDUSTRIES COULDN'T AGREE ON TERMS
BN 10/17 05:41 *YARA INTL. TERMINATION OF MERGER TALKS W/ CF INDUSTRIES
BN 10/17 05:41 *YARA INT'L TERMINATION OF MERGER TALKS W/ CF INDUSTRIES
BN 10/17 05:41 *YARA INTL TERMINATION OF MERGER TALKS W/ CF INDUSTRIES
BN 10/17 05:42 *YARA SAYS WILL CONTINUE TO DELIVER L/T VALUE
BN 10/17 05:41 *YARA, CF INDUSTRIES COULDN'T AGREE ON TERMS
BN 10/17 05:41 *YARA INTL. TERMINATION OF MERGER TALKS W/ CF INDUSTRIES
BN 10/17 05:41 *YARA INT'L TERMINATION OF MERGER TALKS W/ CF INDUSTRIES
BN 10/17 05:41 *YARA INTL TERMINATION OF MERGER TALKS W/ CF INDUSTRIES
Yara International ASA: Termination of merger discussions with CF Industries
2014-10-17 05:41:33.526 GMT
Yara International ASA: Termination of merger discussions with CF Industries
Oslo, 13 October 2014: Yara International ASA and CF Industries have
terminated their discussions regarding a potential merger of equals
transaction.
"This has been a constructive process, with solid work by both parties. We
were able to identify significant structural and operational synergies, but in
the end it became clear that we would not be able to agree on terms that would
be acceptable to all stakeholders," said Torgeir Kvidal, President and Chief
Executive Officer of Yara International ASA.
"I would like to thank the management team and Board of Directors of CF
Industries for their hard work and cooperation throughout the discussions,"
said Kvidal.
"Yara has an industry-leading business model combining a broad product
portfolio and an unrivalled global market presence. Furthermore, we have a
strong pipeline of attractive growth opportunities, from which we will
continue to deliver sustainable long-term value for our shareholders,
customers and society at large," said Kvidal.
Contact
Anders Lerstad, Investor Relations
Cellular (+47) 93 42 69 54
E-mail anders.lerstad@yara.com
Esben Tuman, Media Relations
Cellular (+47) 90 50 84 00
E-mail esben.tuman@yara.com
Yara delivers solutions for sustainable agriculture and the environment. Our
fertilizers and crop nutrition programs help produce the food required for the
growing world population. Our industrial products and solutions reduce
emissions, improve air quality and support safe and efficient operations.
Founded in Norway in 1905, Yara has a worldwide presence with sales to 150
countries. Safety is always our top priority.
www.yara.com
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
2014-10-17 05:41:33.526 GMT
Yara International ASA: Termination of merger discussions with CF Industries
Oslo, 13 October 2014: Yara International ASA and CF Industries have
terminated their discussions regarding a potential merger of equals
transaction.
"This has been a constructive process, with solid work by both parties. We
were able to identify significant structural and operational synergies, but in
the end it became clear that we would not be able to agree on terms that would
be acceptable to all stakeholders," said Torgeir Kvidal, President and Chief
Executive Officer of Yara International ASA.
"I would like to thank the management team and Board of Directors of CF
Industries for their hard work and cooperation throughout the discussions,"
said Kvidal.
"Yara has an industry-leading business model combining a broad product
portfolio and an unrivalled global market presence. Furthermore, we have a
strong pipeline of attractive growth opportunities, from which we will
continue to deliver sustainable long-term value for our shareholders,
customers and society at large," said Kvidal.
Contact
Anders Lerstad, Investor Relations
Cellular (+47) 93 42 69 54
E-mail anders.lerstad@yara.com
Esben Tuman, Media Relations
Cellular (+47) 90 50 84 00
E-mail esben.tuman@yara.com
Yara delivers solutions for sustainable agriculture and the environment. Our
fertilizers and crop nutrition programs help produce the food required for the
growing world population. Our industrial products and solutions reduce
emissions, improve air quality and support safe and efficient operations.
Founded in Norway in 1905, Yara has a worldwide presence with sales to 150
countries. Safety is always our top priority.
www.yara.com
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)