EuroChem Buying Nitrogen Fertilizer Unit from K+S

Bloomberg reported that K+S (FRA:SDF1) is selling its nitrogen fertilizer distribution unit to OAO EuroChem.

As quoted in the market news:

K+S, which is focusing on potash and salt, has an exclusive agreement to sell output from the BASF plants being acquired by EuroChem.

Click here to read the full Bloomberg report.