Vale sells Fosbrasil stake to Israel Chemicals for $52 mln

Dec 26 (Reuters) - Vale SA , the world's No. 1 iron ore producer, sold a 44.25 percent stake in purified phosphoric acid producer Fosbrasil SA to Israel Chemicals Ltd for $52 million, according to a...

from Reuters: Mergers News http://feeds.reuters.com/~r/reuters/mergersNews/~3/PuI4y89PGX8/story01.htm