BIZCHINA / Overseas Investment
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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