CF Industries Holdings acquired OCI N.V. (European, North American and Global Distribution businesses), a transaction announced in August 2015.
Proposed combination announced August 6, 2015 to combine CF with OCI's fertilizer and distribution businesses under a new UK-domiciled holding company. Terminated May 23, 2016 after U.S. Treasury inversion rules eliminated the structural synergies; excluded from deal total.
Proposed combination announced August 6, 2015 to combine CF with OCI's fertilizer and distribution businesses under a new UK-domiciled holding company. Terminated May 23, 2016 after U.S. Treasury inversion rules eliminated the structural synergies; excluded from deal total.
CF Industries Holdings, Inc. (NYSE: CF) and OCI N.V. (Euronext: OCI) today announce the termination of the proposed combination... The Treasury announcement on April 4, 2016 materially reduced the structural synergies of the combination.
Advisory firms were not disclosed for this transaction.