CF Industries Holdings, Inc. (CF) on Thursday said that it has withdrawn its offer to buy Terra Industries Inc. (TRA) and that it is no longer pursuing the acquisition.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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.