in this issue
People & Business :: Companies
Yara and Apache Carve up Australian Fertilizer Producer
7:58 AM MST | February 1, 2012 | Ian Young
Yara International has acquired an additional 16% stake in fertilizer company Burrup Holdings Ltd. (BHL; Perth, Australia) for $143 million, raising its stake in BHL to 51%. Meanwhile, Apache Energy, a subsidiary of Apache Corp. (Houston), has bought the remaining 49% of BHL for $439 million. Yara and Apache purchased the BHL stakes from ANZ Bank (Melbourne), and they have signed a shareholders' agreement under which Yara will become the operator of BHL's fertilizer manufacturing assets. Receivers appointed by ANZ Bank put the combined 65% stake in BHL up for...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee