Bunge Unloads Brazil Fertilizer Assets

Bunge Unloads Brazil Fertilizer Assets

Brazil Europe M&A

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. “It is somewhat expensive if they are unable to complete the transition Bunge started, but if they are able to complete the process, it doesn’t seem like a high price,” Jeffr

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