CF Industries Holdings Inc. and OCI NV today announced the termination of the proposed combination of CF and the European, North American and Global Distribution businesses of OCI. The companies said the US Department of Treasury announcement on April 4, 2016 materially reduced the structural synergies of the combination. Since that time, both companies have worked together collaboratively to explore alternative transactions and structures that would be attractive to their respective shareholders. However, the companies were unable to identify an alternative acceptable to both parties and, therefore, agreed to terminate the combination.
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