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Farm co-op pays $2.8 billion for stake in CF Nitrogen
2015-08-13 00:17:57| Chemicals - 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.
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.
CHS Inc. pulls plug on planned $3 billion N.D. fertilizer plant
2015-08-12 19:10:24| Agriculture - Topix.net
CHS Inc. said Wednesday it will not move forward with a planned $3 billion fertilizer plant in southeastern North Dakota. The Inver Grove Heights-based farmer-owned cooperative instead is buying a minority interest in CF Industries Nitrogen LLC for $2.8 billion.
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Symantec sells Veritas to Carlyle for USD 8 billion
2015-08-11 15:34:00| Telecompaper Headlines
(Telecompaper) Symantec has agreed to sell its information management business, known as Veritas, to an investor group led by the Carlyle Group together with GIC, Singapore's sovereign wealth fund, for USD 8 billion. Veritas offers a range of software and systems to help businesses organize, manage and store their information. It had revenues of USD 2.4 billion in 2014 and serves 75 percent of the Fortune 500 countries. Symantec announced last October the decision to spin off the information management business under the name Veritas and consider strategic options for the activities, so it could focus on its core security software business. With the sale to Carlyle, Symantec said it expects to receive a net USD 6.3 billion in cash proceeds, which it will use for capital returns to shareholders as well as investing in its security business. The company already announced a USD 1.5 billion increase in its share buyback programme to a total USD 2.6 billion and said it will maintain its quarterly dividend of 15 cents a share.
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Intumescent Coatings Market to Reach USD 1.11 Billion by 2022: Grand View Research
2015-08-11 07:00:00| Coatings World Breaking News
Tags: view
research
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