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Nutrien to sell MOPCO stake to Egypt, settle arbitration claims


路透新闻部
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Dec 18 (Reuters) - Canada’s Nutrien Ltd, on Friday said it would sell its entire stake in Misr Fertilizers Production Co SAE (MOPCO) to Egypt and settle related arbitration claims for total gross proceeds of $540 million.
The Canadian fertilizer maker said its investment in MOPCO has historically contributed $15 million to $20 million per year to its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA).
Under the agreement, Nutrien said it would settle all arbitration claims it had made against the government of Egypt and MOPCO’s affiliate, the Egyptian Nitrogen Products Co SAE, after the deal closes.
Reporting by Shradha Singh in Bengaluru; Editing by Devika Syamnath ....

Shradha Singh , Devika Syamnath , Egyptian Nitrogen Products Co , Canada Nutrien Ltd , Misr Fertilizers Production Co , Nutrien Ltd , ஷ்ராத சிங் , எகிப்தியன் நைட்ரஜன் ப்ராடக்ட்ஸ் இணை , கனடா ஊட்டச்சத்து லிமிடெட் , மிஸ்ர் உரங்கள் ப்ரொடக்ஶந் இணை , ஊட்டச்சத்து லிமிடெட் ,

Nutrien to sell MOPCO stake to Egypt, settle arbitration claims


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Canada’s Nutrien Ltd, on Friday said it would sell its entire stake in Misr Fertilizers Production Co SAE (MOPCO) to Egypt and settle related arbitration claims for total gross proceeds of $540 million.
The Canadian fertilizer maker said its investment in MOPCO has historically contributed $15 million to $20 million per year to its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA).
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Nutrien to sell MOPCO stake to Egypt, settle arbitration claims Back to video
Under the agreement, Nutrien said it would settle all arbitration claims it had made against the government of Egypt and MOPCO’s affiliate, the Egyptian Nitrogen Products Co SAE, after the deal closes. ....

Shradha Singh , Devika Syamnath , Egyptian Nitrogen Products Co , Canada Nutrien Ltd , Misr Fertilizers Production Co , Nutrien Ltd , ஷ்ராத சிங் , எகிப்தியன் நைட்ரஜன் ப்ராடக்ட்ஸ் இணை , கனடா ஊட்டச்சத்து லிமிடெட் , மிஸ்ர் உரங்கள் ப்ரொடக்ஶந் இணை , ஊட்டச்சத்து லிமிடெட் ,