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Yara says finance chief to lead merger talks after CEO fired

2014-10-08 15:50:15| Chemicals - Topix.net

Norwegian fertilizser maker Yara International has fired Chief Executive Joergen Ole Haslestad, saying he was unsuitable to lead merger talks with Chicago-based CF Industries, which would continue under its finance chief. Yara and CF said last month they were in early-stage talks about a "merger of equals" that would create a $27 billion rival to world number one fertilizer producer Potash Corp. Details of any deal have not been revealed.

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