Bunge Unloads Brazil Fertilizer Assets

Dec 10, 2012

Bunge has agreed to sell its fertilizer operations in Brazil to Norway’s Yara International for $750m cash, the companies say. The deal is consistent with M&A trends in the region, with one international player selling in Brazil to streamline its operations and another paying a premium for expansion in a high-growth market....

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management