Seeking Alpha

Petrobras (PBR) agrees to acquire a 100% stake in Brazil's Araucaria Nitrogenados from Vale...

Petrobras (PBR) agrees to acquire a 100% stake in Brazil's Araucaria Nitrogenados from Vale (VALE) for $234M. Araucaria Nitrogenados has a fertilizer production plant with the capacity of 700K tons/year of urea, 475 tons/year of ammonia and 450K cubic meters/year of Arla 32. PBR +1.7%, VALE -1.1% premarket.
Comments (1)
  • ....wouldnt this 234 mill offset the Swiss taxes they are being docked...???.....BluTo...
    19 Dec 2012, 10:40 AM Reply Like
DJIA (DIA) S&P 500 (SPY)