CF Industries Holdings, Inc. (CF) on Thursday said that it has withdrawn its offer to buy Terra Industries Inc. (TRA) and that it is no longer pursuing the acquisition. CF Industries also said that it has sold all its Terra shares, with a net gain that more than offsets the expenses it has incurred in connection with its proposed acquisition of Terra.
Also, the company said that in light of its current capitalization and expected strong cash flow in 2010, it will continue, as it has in the past, to evaluate its full range of capital deployment opportunities including strategic investments and returning capital to stockholders.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.