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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (56002)9/15/2015 9:20:25 AM
From: E_K_S  Read Replies (1) | Respond to of 78711
 
Yara International ASA (YARIY)

Praxair to buy Yara's European carbon dioxide business for €312M

Yara’s European carbon dioxide unit operates three CO2 ships, seven terminals, six dry ice production facilities and five CO2 liquefaction plans; Yara will continue to operate three of the liquefaction plants.
Non core asset sale. Did not realize they were in this non-Ag business. A good chunk of money to deploy. Do they pay down debt and/or look for acquisition? Debt level ok when compared to annual net income. I suspect an acquisition that is more in their 'core' business.

No position yet but looking to start one at/below $40.00/share.

EKS