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Yara buys Bunge's Brazilian fertiliser business in $750 mln deal
December 7, 2012 / 7:11 AM / in 5 years

Yara buys Bunge's Brazilian fertiliser business in $750 mln deal

OSLO, Dec 7 (Reuters) - Norway’s Yara will buy the Brazilian fertilizer business of commodities giant Bunge in a deal valued at $750 million, the firms said on Friday.

The companies also entered into a long-term supply agreement, enabling Bunge to continue supplying fertiliser to farmers as part of its grain origination activities.

The deal has an enterprise value of $750 million, including net operating capital value of $385 million and other assets valued at $365 million.

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