in this issue
People & Business :: M&A
Natural Resource Partners buys stake in OCI Wyoming soda ash
9:17 AM MST | January 25, 2013 | Natasha Alperowicz
Natural Resource Partners (NRP; Houston) has acquired a 49% stake in natural soda ash producer OCI Wyoming, and 20% of the common shares and all of the preferred shares of OCI Wyoming from subsidiaries of Anadarko Petroleum (The Woodlands, TX). NRP says it paid $292.5 million for the interests after normal closing adjustments to the purchase price of $310.0 million. The agreement also contains an earn-out provision, which would require NRP to pay Anadarko up to $50.0 million on a net present value basis over a 3-year period if OCI Wyoming achieves specified...
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: