Announced
Financials
Sources
Tags
Friendly
Single Bidder
Specialty Chemicals
mining services
chemicals
Pending
Majority
Cross Border
Brazil
Private
Acquisition
Synopsis
EuroChem, a manufacturer and supplier of fertilizers, agreed to acquire Salitre phosphate mining project from Yara, a Norwegian chemical company, for $410m. “This transaction allows us to further sharpen our strategic focus, based on our strong competitive edges. Yara Brazil will continue to play an essential role in this growth agenda, and this transaction enables that growth to be driven with a sharper downstream focus,” Svein Tore Holsether, Yara President and CEO.
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