Wednesday, May 16, 2007

UPDATE 1-Yara forms industrial gases venture with Praxair

(Reuters) - The agreement will result in one-time net income for Yara of more than 700 million Norwegian crowns , which is expected to be booked in the third quarter, Yara International ASA and Praxair said in a statement.

Yara, one of the world's biggest fertiliser producers, said it would put its industrial gases in Norway, Denmark and Sweden into the 50/50 venture.


Read more at Reuters.com Mergers News

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