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Regions :: Africa :: Egypt

August 18, 2008

Agrium to Sell Egypt JV Stake; Acquires Share in Mopco

Michelle Bryner and Natasha Alperowicz

Agrium says it has entered into an agreement to sell its 60% stake in EAgrium, a previously announced $1.4-billion fertilizer joint venture project at Ras el-Bar, Damietta, Egypt, to Misr Oil Processing Co. (Mopco; Cairo). Agrium will take a 26% equity...

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