Yara to focus on integration, improvement rather than M&A - CEO

Image
Reuters OSLO
Last Updated : Feb 08 2018 | 2:45 PM IST

OSLO (Reuters) - Norwegian fertiliser-maker Yara International is focusing on integrating recent acquisitions in India and Brazil, rather than doing more deals, Chief Executive Svein Tore Holsether told Reuters on Thursday.

"Our focus now is on our improvement projects and on bringing in these new projects," Holsether said on the sidelines of a news conference.

"Of course, we always look at attractive opportunities, but our greatest potential now lies in developing what we have and the (units) that are on their way in," he added.

(Reporting by Joachim Dagenborg, writing by Terje Solsvik, editing by Gwladys Fouche)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 08 2018 | 2:39 PM IST

Next Story