Tag Archives: long-term potash supply agreement

PotashCorp to acquire 9.50 per cent stake in Fertilizantes Heringer S.A.

PotashCorp has signed an agreement to purchase 9.50 percent of Brazil-based company Fertilizantes Heringer S.A. (Heringer) from the controlling shareholders for US$55.7 million. The agreement is subject to regulatory approvals in Brazil and is expected to close during the second half of 2015. Once finalized, the arrangement also paves the…