Jones Day instructed on $55m PotashCorp acquisition in Brazil

Jones Day advised PotashCorp on its acquisition of a 9.5 per cent stake in Brazilian fertilizer company Heringer.


The deal was valued at $55 million.

Canada-based PotashCorp is the world’s largest potash producer by market capitalization, while Heringer operates a total of 21 production, marketing and distribution units.

Jones Day lawyers in Sao Paulo, New York and Chicago acted for the buyers. 

Ben Cook