Bloomberg News

Mitsubishi Unit Buys Pacasmayo Stake in Fosfatos Del Pacifico

December 29, 2011

Dec. 29 (Bloomberg) -- Mitsubishi Corp.’s phosphate unit bought a 30 percent stake in a Peruvian phosphates deposit, majority owner Cementos Pacasmayo SAA said today.

MCA Phosphates Pte. Ltd., a joint venture between Mitsubishi and Zuari Industries Ltd. of India, paid $46.1 million for the stake in Fosfatos del Pacifico SA, Pacasmayo said in a corporate filing.

To contact the reporter on this story: Alexander Emery in Lima at aemery1@bloomberg.net

To contact the editor responsible for this story: Alexander Emery at aemery1@bloomberg.net


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