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PotashCorp buys 9.5%stake in Brazil's Fertilizantes Heringer for US$55.7M

2015-03-02 17:22:46| Chemicals - Topix.net

Potash Corporation of Saskatchewan has signed an agreement to purchase a 9.5 per cent stake in Brazil-based Fertilizantes Heringer S.A. from controlling shareholders for US$55.7 million. PotashCorp says the agreement, subject to regulatory approvals, paves the way for a long-term potash supply agreement that would allow it to become Heringer's principal supplier.

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