Yara increases Kemira GrowHow stake

Oslo-Yara International is extending its takeover offer for Finland’s Kemira GrowHow Oyj until Sept. 27, with no change in terms. Yara commenced a mandatory offer for Kemira June 21, to run through Sept. 7. It had already attained 30 percent; Yara now says it owns 93.89 percent of Kemira. The deal is still subject to approval by the European Commission. A decision is expected later this month.