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CF INDUSTRIES' SALE OF ITS PHOSPATE BUSINESS TO MOSAIC APPROVED BY DOJ
Source: CF Industries news release

CF Industries Holdings, Inc. (NYSE:CF) ("CF Industries" or "the Company") today announced that it has been notified that the U.S. Department of Justice has closed its review and terminated the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act relating to the Company's $1.4 billion sale of its phosphate business to the Mosaic Company (NYSE: MOS).

The closing of the transaction is subject to various additional conditions, including approvals under applicable foreign antitrust laws, receipt of other governmental and third party consents and other customary closing conditions.

CF Industries and the Mosaic Company announced on October 28, 2013 that they had entered into a set of definitive agreements including the proposed transaction, a long-term agreement under which the Company will supply Mosaic with ammonia from its Donaldsonville, Louisiana nitrogen complex, and an agreement to provide ammonia to Mosaic from the Company's Point Lisas Nitrogen Ltd. (PLNL) joint venture beginning at the close of the phosphate sale.


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