CF Industries Holdings Inc. said Thursday it has reached a deal to acquire the European and North American assets of Netherlands fertilizer maker OCI NV in an all-stock deal valued at $8 billion. The deal includes $2 billion in net debt. Under terms, CF shareholders would own 72.3% of the new company and OCI would own 27.7%. The deal will include OCI's nitrogen production facilities in Geleen, Netherlands, and Wever, Iowa, as well as the company's interest in an ammonia and methanol complex in Beaumont, Texas, among other assets. OCI shares were up 2% following the announcement.
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