Daily News Egypt

Combination agreement between CF Industries and OCI amended - Daily News Egypt

Advertising Area



Advertising Area




Combination agreement between CF Industries and OCI amended

The proposed combination remains subject to approval by the shareholders of CF and OCI


OCI NV announced that the company filled an amended registration form (Form S-4) for business combinations with the US Securities and Exchange Commission, according to an OCI press statement on Thursday.

Form S-4 is a form filed with the US Securities and Exchange Commission when a merger or acquisition occurs between two companies, containing details relating to share distribution, amounts, terms, and other information.

The statement said the form contains a preliminary substitution statement and shareholder round related to the proposed combination of CF Industries Holdings Inc. and OCI’s European, North American and Global Distribution Businesses.

The statement added that the amended registration form has not been activated yet and its information is subject to changing.

“The proposed combination is waiting for the approval by the shareholders of CF and OCI, as well as certain other regulatory approvals,” the statement read.

The two companies initially announced the combination agreement on 6 August 2015.

The combination targets moving the jurisdiction of combination of the new company and tax residency of the combined company to the Netherlands from the United Kingdom.

OCI NV (Euronext: OCI) is a global producer and distributor of natural gas-based fertilisers and industrial chemicals, based in the Netherlands.

Topics: OCI

Advertising Area

Advertising Area



https://www.dailynewsegypt.com/2015/12/24/combination-agreement-between-cf-industries-and-oci-amended/
Breaking News

No current breaking news

Daily News Egypt Android App Available for free download on Google play
View
Daily News Egypt Ios App Available for free download on APP Store
View