China Gets Big Fertilizer Rival With $8 Billion CF Industries Deal

NEW YORK (The Deal) -- CF Industries Holdings Inc. said Thursday it would acquire the European and North American assets of OCI NV in an $8 billion deal that would great a massive global supplier of nitrogen fertilizers. Terms of the deal call for Deerfield, Ill.-based CF to become a subsidiary of a new holding company to be domiciled in the United Kingdom that would also house the European, North American and distribution businesses of OCI. Amsterdam-based OCI would receive 25.6% of shares in ...