14 January 2008 14:59 [Source: ICIS news]
HOUSTON (ICIS news)--Canadian fertilizer producer Agrium plans to withdraw and refile its application to acquire UAP Holding for $2.65bn (€1.80bn) a move that would give US regulators more time to review the deal, the company said on Monday.
Such deals are reviewed by the US Federal Trade Commission under the Hart-Scott-Rodino Antitrust Improvements Act.
Agrium initially filed its notification of the proposed acquisition under the act on 10 December, the company said.
($1 = €0.68)
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