Yara International and Galvani Indústria, Comércio e Serviços (Galvani) Signed Agreement

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06 Aug 2014 15:51 Valerie Rose

CHEMMONITOR.COM - Norway-based chemical company Yara International is in plans to buy a majority stake (60%) in Brazilian phosphatic fertilizer company Galvani Indústria, Comércio e Serviços (Galvani). The acquisition is assessed at USD 318 million.

By acquiring the majority stake, Yara International is set to achieve growth in Latin American market and to extend a production in Brazil.

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