Eurochem buys Heringer, Brazilian fertilizer producer for $96,5 mln

Eurochem buys Heringer, Brazilian fertilizer producer for $96,5 mln ...

SAO PAULO, Dec. 22 - Eurochem will buy 51.5% of Heringer's Brazilian fertilizer producer for 554.56 million reais (96,5 million dollars), heringer said on Tuesday.

A year ago, after acquiring shares of Holding Ennant, Eurochem will offer a tender to minor shareholders, it said. Eurochem is pondering an offer to delist Heringer, it said.

The deal requires the antitrust watchdog Cade.

1 ($5 = 5 751 reais)

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