Yara eyes stake in China Blue fertilizer
(Shenzhen Daily)
Updated: 2006-08-25 15:44
The world’s top nitrogen fertilizer maker, Yara International, will buy at
least 10 percent of the US$400 million Hong Kong IPO of China Blue Chemical, a
fertilizer unit of the parent of CNOOC Ltd., a Hong Kong newspaper reported
Thursday.
The South China Morning Post cited market sources as saying Yara would like
to buy as much as 40 percent of the offering but a final decision on the size
had yet to be made.
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