CF Industries: "The discussions are at an early stage, and there can be no assurances that these discussions will result in any transaction," Yara said in a statement, according to Deutsche Welle. CF Industries is worth $12.7 billion, slightly less than Yara, which is valued at $13.6 billion on the Oslo Stock Exchange. The Norwegian government, which owns 36.2 percent of Yara, said there was no decision yet on whether it would approve the merger and Norwegian fertilizer company Yara International confirmed Tuesday that it was in "preliminary talks" on a tie-up with US-based company CF Industries. The market valuation of the two companies added together totals $26.3 billion 20 billion euros . Global market leader Potash from Canada is worth close to $29 billion. In terms of annual sales, a merged CF-Yara would have revenues of around $20 billion, nearly triple those of Potash.
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