White Plains, N.Y.-Bunge Ltd. on Jan. 15 confirmed that it is engaged in discussions with Vale S.A. regarding Vale’s potential acquisition of Bunge’s assets in Brazil relating to its fertilizer mining business, including its interest in Fertilizantes Fosfatados S.A. (Fosfertil). Bunge said Fosfertil disclosed these discussions earlier Jan. 15, as required by applicable Brazilian regulations. Bunge said there can be no assurance that they will result in any transaction, or that any transaction will be consummated. Bunge said it does not intend to comment on any specific discussions or any potential transaction unless and until it enters into a definitive agreement with respect to a transaction.
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