CF Industries Committed to Pursuing Combination with OCI's European, North American, Global Distribution Businesse

Loading...
Loading...
CF Industries Holdings, Inc.
CF
and OCI N.V.
OCINY
today announced that both companies remain fully committed to pursuing a combination of CF with OCI's European, North American and global distribution businesses due to its strong industrial logic, significant expected synergies and value creation potential for shareholders. The companies are jointly evaluating options to address the impact of the notice by the U.S. Department of the Treasury, issued on November 19, 2015, on the previously-announced combination. This evaluation includes exploring alternative structures for the combination, such as using a parent company in The Netherlands rather than one in the United Kingdom, to accommodate the requirements of the Treasury notice. Any agreement
See full press release
Posted In: NewsLegalM&APress Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...