(chemmonitor) -- The Russian company
EuroChem is about to make a significant deal for the world fertilizer market.
The manufacturer will become a new proprietor of the Germany-headquartered
company K+S Nitrogen.
The Russia’s firm is to pay EUR 140 (USD 182)
million for the German company.
The transaction activities are to be
finalized by July of the current year under terms of the agreement signed by the
Russian manufacturer and Germany-based K+S Aktiengesellschaft, an actual
proprietor of the German fertilizer firm.