Vale Adds Bunge Brazilian Fertilizer Mines For $3.8B
As part of the transaction, Vale will acquire Bunge's 42.3 percent interest in Fertilizantes Fosfatados S.A., better known as Fosfertil, as well as Bunge's wholly owned Brazilian phosphate mines and distribution facilities.
After taxes and transaction fees, Bunge said, the total transaction value would be about $3.5 billion.
White Plains, N.Y.-based Bunge said its total phosphate rock output in Brazil totaled around 3...
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