Yara has agreed with CF Industries (US) to sell its stake in GrowHow UK Group Limited ("GrowHow") for a total EV (50% basis) of US$648m, of which US$68m relates to an unfunded pension liability (or c. NOK5.2bn for the total transaction). For te sake of clarity, this implies US$1,296m or 100% of GrowHow UK. Remember Yara owned 50% of GrowHow UK, together with....CF Industries.
01 Jul 2015
Yara to sell its 50% interest in GrowHow UK
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Yara to sell its 50% interest in GrowHow UK
Yara International ASA (IU2:FRA) | 0 0 0.0%
- Published:
01 Jul 2015 -
Author:
Fabrice Farigoule -
Pages:
2
Yara has agreed with CF Industries (US) to sell its stake in GrowHow UK Group Limited ("GrowHow") for a total EV (50% basis) of US$648m, of which US$68m relates to an unfunded pension liability (or c. NOK5.2bn for the total transaction). For te sake of clarity, this implies US$1,296m or 100% of GrowHow UK. Remember Yara owned 50% of GrowHow UK, together with....CF Industries.