Yara International ASA will acquire Bunge Ltd.’s (NYSE: BG) Brazilian fertilizer business for $750 million in cash.

The deal includes blending facilities brands and warehouses. Bunge will retain its fertilizer terminal in the Port of Santos, Brazil.

Yara, headquartered in Oslo, Norway, is a fertilizer supplier.

The deal is subject to Brazilian regulatory approvals.

Credit Suisse acted as Bunge’s financial adviser, while Souza Cescon Barrieu & Flesch Advogdos and Sherman & Sterling LLP acted as legal counsels. 

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.