CF Industries Holdings acquired Terra Industries Inc. for ~USD 4.7 billion, a transaction announced in March 2010.
Cash-and-stock merger combining two North American nitrogen producers to create a global fertilizer leader with greater scale; added five nitrogen fertilizer facilities, a ~75.3% interest in Terra Nitrogen Company, L.P., and certain JV interests. Completed April 2010 (final purchase price ~$4.6 billion).
Cash-and-stock merger combining two North American nitrogen producers to create a global fertilizer leader with greater scale; added five nitrogen fertilizer facilities, a ~75.3% interest in Terra Nitrogen Company, L.P., and certain JV interests. Completed April 2010 (final purchase price ~$4.6 billion).
Terra stockholders will receive $37.15 in cash and 0.0953 of a share of CF Industries common stock for each share of Terra common stock. The transaction has a total value of approximately $4.7 billion.
Advisory firms were not disclosed for this transaction.