Yara concludes sale of Fosfertil shares
(Thomson Reuters ONE) -
Oslo (2010-05-28): In accordance with announcement made on 29 January 2010 Yara
has sold its shares in Fosfertil and its 50% stake in the Anitapolis phosphate
rock project to Vale.
As previously announced, the sale of the Fosfertil shares provides a pretax gain
of approximately USD 550 millions. The sale of the Anitapolis stake generates an
additional pretax gain of approximately USD 20 millions. The total cash effect
after tax is expected to be around USD 680 millions.
Contact
Torgeir Kvidal, Investor Relations
Telephone (+47) 24 15 72 95
Cellular (+47) 91 339 832
E-mail torgeir.kvidal(at)yara.com
Asle Skredderberget, Media Relations
Cellular (+47) 41 44 36 10
E-mail asle.skredderberget(at)yara.com
Yara International ASA is the world's leading chemical company that converts
energy, natural minerals and nitrogen from the air into essential products for
farmers and industrial customers. As the number one global supplier of mineral
fertilizers, we help provide food for a growing world population. Our industrial
product portfolio includes environmental protection agents that prevent air
pollution. Yara's global workforce of 7,600 employees represents the great
diversity and knowledge that enables Yara to remain a leading performer in the
industry.
www.yara.com
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1419336]
Unternehmensinformation / Kurzprofil:
Datum: 28.05.2010 - 08:01 Uhr
Sprache: Deutsch
News-ID 21614
Anzahl Zeichen: 0
contact information:
Town:
Oslo
Kategorie:
Business News
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"Yara concludes sale of Fosfertil shares"
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