Cf industries completes acquisition of waggaman ammonia production facility

Northbrook, ill.--(business wire)--cf industries holdings, inc. (nyse: cf) today announced that it has closed its acquisition of incitec pivot limited's (“ipl”) ammonia production complex located in waggaman, louisiana. under the terms of the agreement, cf industries purchased the waggaman ammonia plant and related assets for $1.675 billion, subject to adjustments. the companies allocated approximately $425 million of the purchase price to a long-term ammonia offtake agreement under which cf in.
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