Yara International Says Committed to Completing GCA Purchase Amid Arbitration Claim

09:47 AM EDT, 08/21/2026 (MT Newswires) -- Yara International (YAR.OL) said Friday it remains committed to completing its acquisition of GCA Finance, GCA Operations and its subsidiary Gulf Coast Ammonia, after the latter received a copy of a request for arbitration. The claimant has allegedly suffered at least $2 billion in loss and damages over the wrongful termination of an ammonia offtake agreement. In response, GCA said it "strongly disputes" that the termination was wrongful and will defend itself against any allegations. The Norwegian crop nutrition and ammonia group said the claim does not affect the financial or strategic rationale for the deal, which remains subject to customary closing conditions.