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Qatar Petroleum Acquires
YARA Netherland’s Stakeholding in Qatar Fertiliser Company
08 March 2020
Industries Qatar announced today that
Qatar Petroleum intends to acquire Yara Netherland stakeholding BV
stakeholding in Qatar Fertiliser Company ‘QAFCO’. Yara’s share
constitutes 25% of the share capital of QAFCO.
It is worth-mentioning that this deal
is subject to the legal and regulatory approvals and the terms for
complementing it. Industries Qatar, at the same time, confirms that this
deal will not result in any change on its shareholding in QAFCO which
constitutes 75% of the share capital.