May 9, 2018 / 1:56 PM / a year ago

Brazil antitrust regulator approves Vale-Yara fertilizer deal

BRASILIA, May 9 (Reuters) - Brazil’s antitrust regulator Cade on Wednesday approved the sale of a Vale SA fertilizer unit to Yara International ASA, sanctioning a deal that will allow the Norwegian giant to produce nitrogen-based fertilizers in Brazil.

Six of Cade’s seven board members voted to approve the $255 million transaction without demanding any asset sales or behavioral restrictions. One board member, Paula Farani, withheld from voting. (Reporting by Bruno Federowski)

Nuestros Estándares:Los principios Thomson Reuters
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below