Swiss group Ameropa Holding is seeking to buy a majority stake in Romania’s biggest listed fertilizer maker Azomures Targu Mures, Bloomberg reports, citing Ziarul Financiar. The transaction may be valued at $138 million.
A possible deal will be closed at a minimum price of $1.58 per share, while the maximum price could reach $3.39 per share. Ameropa may also buy Eurofert, adds Romania Business Insider. Azomures Holdings and Eurofert together hold 75.9 percent in Azomures Targu Mures and are owned by a Turkish group of investors.
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