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Farm co-op pays $2.8 billion for stake in CF Nitrogen

2015-08-12 23:28:33| Agriculture - Topix.net

North America's largest farm-owned cooperative will pay $2.8 billion for a minority stake in CF Industries Nitrogen LLC, which owns a massive fertilizer complex in Donaldsonville. The deal provides an assured, long-term supply of nitrogen fertilizer for cooperative- and farmer-owners of St. Paul, Minnesota-based CHS Inc., said CHS President and Chief Executive Officer Carl Casale.

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