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Cargill Fertilizer, Inc., Farmland Industries, Inc. and Hydro Agri North America, Inc. have signed a non-binding letter of intent for Cargill's purchase of the operations of Farmland Hydro. (Marketing News).


Cargill Fertilizer fertilizer, organic or inorganic material containing one or more of the nutrients—mainly nitrogen, phosphorus, and potassium, and other essential elements required for plant growth. , Inc., Farmland Industries, Inc. and Hydro Agri North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Inc. have signed a non-binding letter of intent for Cargill's purchase of the operations of Farmland Hydro, L.P., a joint venture between Farmland Industries, Inc. and Hydro Agri North America, Inc. that produces phosphate fertilizer. Cargill Fertilizer, Inc., based in South Riverview, Fla., is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Cargill, Incorporated.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Cargill Fertilizer, Inc., Farmland Industries, Inc. and Hydro Agri North America, Inc. have signed a non-binding letter of intent for Cargill's purchase of the operations of Farmland Hydro. (Marketing News).
Publication:Agri Marketing
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 1, 2002
Words:63
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