2 Jahre : Von Apr 2018 bis Apr 2020 By Dimitrios Kontos Norway's Yara International ASA (YAR.OS) has ended talks with Arab Potash Co. (APOT.AJ) related to a potential cooperation in the field of potassium nitrate, the two companies said in a joint statement Thursday. Yara will consequently not seek to buy an ownership stake in Arab Potash Co.'s subsidiary Kemapco and the two companies have terminated a memorandum of understanding they had signed in January. The companies said they "remain interested in exploring other mutually beneficial avenues" without specifying in which fields. Write to Dimitrios Kontos at dimitrios.kontos@dowjones.com (END) Dow Jones Newswires August 02, 2018 11:01 ET (15:01 GMT)
Yara International will no longer take a stake in Arab Potash's subsidiary Kontos Norway as the two fertiliser companies have agreed to terminate a potential potassium nitrate venture, according to a joint statement. The two companies entered into the agreement in January and "remain interested in exploring other mutually beneficial avenues".