Agrium attempt to acquire competitor
Posted on Thursday, September 10th, 2009 at 11:51 pm
North America’s third-largest fertilizer producer said it could raise as much as $1 billion in an attempt to acquire a competitor. Agrium Inc. said it is currently making a bid for acquisition of CF Industries Inc.
Agrium filed its registration Thursday, affirming its commitment to take over its competitor. Despite Agrium’s attempt, CF Industries so far has resisted the takeover and has tried to revive some of its older divisions.
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