Exclusive: Vale resumes search for Cubatão fertilizer assets buyer - sources

By Tatiana Bautzer | SAO PAULO

After Norway's Yara pulled out as a potential bidder, Vale SA (VALE5.SA) has resumed searching for a buyer for four fertilizer plants that were not included in a $2.5 billion sale to Mosaic Co, according to three people with direct knowledge of the matter.

A reworked sale process for plants located in the southeastern city of Cubatão was launched in recent days, in the wake of Yara International ASA's November decision to withdraw, the people said. Talks between Yara (YAR.OL) and Vale had taken place for several months, said the first person.