BRAZIL > US Based Mosaic Acquires Vale’s Fertilizer Unit for $2.5 Billion

mosaic_logo US based The Mosaic Company acquires fertilizer business of Brazilian Mining Company-Vale in a deal worth $2.5 billion. Half of the $2.5 billion will be paid in cash, while Mosaic will issue roughly 42.3 million shares of common stock for payment of other half of deal. The deal with Vale include: Vale’s phosphate and potash assets in Brazil, excluding phosphate assets in More …