CF jumps back into fight for Terra

Fertiliser products group CF Industries has launched a new offer smaller firm Terra Industries, after Terra agreed last month to be bought by Norway's Yara International. CF spent 2009 trying to persuade Terra to agree to a buyout, but withdrew...

Agrium extends CF offer, repeats commitment to deal

Calgary, Alberta-based fertiliser products firm Agrium has extended the expiration date of its offer to buy US rival CF Industries once again. The offer, of $45 in cash plus one Agrium share per CF share, was to have expired on February 22 but...

CF raises offer for Terra Industries

Fertiliser product group CF Industries has increased the cash portion of its offer for smaller rival Terra Industries, the firm announced on Monday. The company is now offering $36,75 in cash (up from $32) and 0,1034 of one of its shares for...

Agrium keeps up war of words in CF fight

Calgary, Alberta-based fertiliser company Agrium on Monday reiterated its intention to pursue a takeover of US rival CF Industries, which had an offer rejected again by its own buyout target. CF, which has rejected the Agrium offer as too low, is...

Agrium holds 62% of CF, extends offer again

Shareholders in fertiliser group CF Industries had tendered about 30-million shares, or 62% of the company, into a takeover offer from larger rival Agrium when the offer expired on Wednesday night. The offer has been extended again, until...

Terra rises on increased offer from CF Industries

Shares in fertiliser product group Terra Industries rose 6% on Monday, after larger rival CF Industries said it would boost its takeover offer for the company and added a cash element to the previously-all-share bid. CF, which has had its...

CF Industries attempts to force Terra AGM, offer lapses

Fertiliser products group CF Industries has filed a lawsuit to compel takeover target Terra Industries to hold its annual shareholders meeting “promptly”, CF said on Monday. The company said its share-based offer for Terra had expired and was...

CF Industries extends Terra offer to Aug 31

US fertiliser group CF Industries has extended the expiration date of its offer for smaller rival Terra Industries to August 31. The offer was to have expired on Friday, August 21.

Agrium extends deadline again on CF offer

Canadian fertiliser group Agrium will give shareholders in CF Industries more time to accept its offer for the company, the firm said on Monday morning. Agrium has extended the expiration date on its offer, of $40 in cash plus one Agrium share...

CF confirms Terra wait period expired

US fertiliser firm CF Industries said on Thursday that the mandatory US waiting period applicable to its proposed acquisition of smaller rival Terra Industries had expired. The Hart-Scott-Rodino premerger waiting period expired at 11:59 pm on...

CF Industries dangles sweetened offer for Terra

US fertiliser products group CF Industries is prepared to increase its offer for smaller rival Terra Industries, the firm announced on Wednesday. CF, which is itself fending off a hostile overture from Canada's Agrium Inc, said it is prepared to...

Agrium profit slides with potash sales

Fertiliser products group Agrium earned $370-million in the second quarter of 2009, compared with net earnings of $636-million a year earlier. Profit was hurt by lower potash sales volumes, as well as weaker prices for most of the group's...