IHS Chemical Week

World News and Views :: Top of the News

CF Industries Ups Bid for Terra, Topping Yara's Offer

6:49 AM MST | March 2, 2010 | Kerri Walsh

CF Industries has raised its offer to acquire Terra Industries, to $47.40/share, topping Yara International's offer of $41.1/share that was announced last month. The new CF offer values Terra at about $4.72 billion based on the company's outstanding shares as of March 1. CF walked away from a hostile bid for Terra in January.  Yara's bid was approved by the Terra board. Terra will have to pay Yara a $123-million breakup fee if it accepts another offer, Yara says. Yara declined to comment on CF's offer, and Terra could not be reached by press time.  CF's...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa