Source: Mosaic Company

The Mosaic Company announced the completion of its previously announced sale of its investment in Vale Fertilizantes S.A. ("Fosfertil") to a subsidiary of Vale S.A. for gross proceeds of approximately $1.0 billion.

This transaction will have no impact on Mosaic's significant crop nutrient blending and distribution business in Brazil and its SSP production and port activities at the Paranagua complex.

 

Original news release