Vale sells fertilizer business to Mosaic, Yara - O Globo

摘要

Brazil's Vale approved the sale of its entire fertilizer business for $3.6 billion at a meeting on September 29, Brazilian broadcaster O Globo reported, via Bloomberg. The company will sell a larger part of its business to Mosaic for $3 billion, O Globo said, without saying where the information came from, and assets located in Cubatao city will be sold for $600 million to Yara.