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Provider: ValuEngine, Inc.
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Provider: ValuEngine, Inc.
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Yara International ASA Closes Acquisition of Bunge Ltd's Fertilizer Business in Brazil


Friday, 9 Aug 2013 02:01am EDT 

Yara International ASA announced that it has closed its acquisition of Bunge Ltd's fertilizer business in Brazil. The transaction is valued at USD 750 million and comprises a net operating capital value of USD 385 million and other assets valued at USD 365 million, with the operating capital value subject to post-closing adjustment. The Company is targeting USD 50 million annual synergies from 2014. The Company will consolidate the acquired business effective August 1, 2013, including possible goodwill, and measure all identifiable assets acquired and liabilities assumed at their acquisition-date fair values. 

Company Quote

407.0
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29 Jan 2015