BRAZIL > US Based Mosaic Acquires Vale’s Fertilizer Unit for $2.5 Billion

mosaic_logo US based The Mosaic Company acquires fertilizer business of Brazilian Mining Company-Vale in a deal worth $2.5 billion. Half of the $2.5 billion will be paid in cash, while Mosaic will issue roughly 42.3 million shares of common stock for payment of other half of deal. The deal with Vale include: Vale’s phosphate and potash assets in Brazil, excluding phosphate assets in More …

THAILAND > US based Cargill Invests $50m in Thailand to Expand Poultry Operations

cargill US based (Minnetonka, Minnesota) Cargill is investing US$50 million in poultry processing operations in Thailand. The facility is located in the Nakhon Ratchasima province in Thailand. This expansion will create 1,400 new jobs in the province. The new building is expected to start operating in the first quarter of 2018. Many independent smallholder broiler farms in local communities are engaged to More …

PAKISTAN > Dutch FrieslandCampina buys Majority Stake in Pakistan’s Engro Food

frieslandcampina FrieslandCampina, Netherlands based dairy cooperative has signed a share purchase agreement with Engro Corporation of Pakistan to acquire 51 per cent of the shares (about 391 million shares) in its subsidiary Engro Foods Limited. The deal is estimated to cost FrieslandCampina around $448 million and is also the largest private sector foreign direct investment (FDI) in Pakistan in recent years. With More …

NEPAL > New sectors open for FDI in Nepal

Cement Factory KATHMANDU, MAR 05 – Motions pictures, personal businesses such as hair salons, beauty parlours, tailoring, driver training providers, internal courier services and domestic food processing have been opened to foreign investment in the new Industrial Policy. The policy endorsed by the Cabinet last week has also opened catering services and rural tourism, except for certain tourism businesses, to foreign investment. More …