Yara to acquire Bunge's fertilizer business in Brazil for $750 million

Yara International (Oslo) said today that it had entered into an agreement to acquire Bunge's fertilizer retail business in Brazil, significantly strengthening Yara's fertilizer position in the country. The proposed transaction is valued at $750 million and will be subject to the approval of Brazilian competition authorities (CADE) and other customary approvals. Yara and Bunge have also agreed to enter into a long-term fertilizer supply agreement, enabling Bunge to continue supplying fertilizer to farmers as part of its grain origination activities and creating a...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers