Materials M&A » By The Online Investor Staff, updated Sat., Jul. 11, 3:29 AM
Recent mergers and acquisitions in the Materials M&A category.
Slide #33. The Mosaic Company — Florida Phosphate Business From CF Industries
| Acquirer: |
The Mosaic Company (MOS) |
| Acquiree: |
Florida Phosphate Business From CF Industries (CF) |
| Details: |
The Mosaic Company (NYSE: MOS) today announced it has signed a definitive agreement to acquire the phosphate business of CF Industries, Inc. (NYSE: CF) for $1.2 billion in cash plus $200 million to fund CF Industries' asset retirement obligation escrow. Under the terms of the agreement, Mosaic would acquire the 22,000-acre South Pasture phosphate mine and beneficiation plant in Hardee County, Fla., a phosphate manufacturing facility in Plant City, Fla., and ammonia terminal and finished product warehouse facilities in Tampa. The CF Industries' facilities currently produce approximately 1.8 million tonnes of phosphate fertilizer per year, which would be additive to the annual 8.2 million tonnes currently produced by Mosaic. |
Mosaic is a producer and marketer of concentrated phosphate and potash crop nutrients. Co. is organized into three reportable business segments: Phosphates, which owns and operates mines and production facilities in Florida that produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana that produce concentrated phosphate crop nutrients; Potash, which mines and processes potash in Canada and the United States and sells potash in North America and internationally; and Mosaic Fertilizantes, which produces and sells concentrated phosphates crop nutrients, phosphate-based animal feed ingredients and potash fertilizer.
Mosaic SEC Filing Email Alerts Service
Open the MOS Page at The Online Investor »
Mosaic is a producer and marketer of concentrated phosphate and potash crop nutrients. Co. is organized into three reportable business segments: Phosphates, which owns and operates mines and production facilities in Florida that produce concentrated phosphate crop nutrients and phosphate-based animal feed ingredients, and processing plants in Louisiana that produce concentrated phosphate crop nutrients; Potash, which mines and processes potash in Canada and the United States and sells potash in North America and internationally; and Mosaic Fertilizantes, which produces and sells concentrated phosphates crop nutrients, phosphate-based animal feed ingredients and potash fertilizer.
Mosaic SEC Filing Email Alerts Service
Open the CF Page at The Online Investor »
| Company Name: |
| Mosaic Co (The) |
| Stock buyback: |
| MOS buyback |
| Website: |
| www.mosaicco.com |
| Sector: |
| Agricultural Chemicals |
| Number of ETFs Holding MOS: |
| 86 |
| Total Market Value Held by ETFs: |
| $631.82M |
| Total Market Capitalization: |
| $4.59B |
| % of Market Cap. Held by ETFs: |
| 13.77% |
|
| Company Name: |
| CF Industries Holdings Inc |
| Stock buyback: |
| CF buyback |
| Website: |
| www.cfindustries.com |
| Sector: |
| Agricultural Chemicals |
| Number of ETFs Holding CF: |
| 93 |
| Total Market Value Held by ETFs: |
| $989.20M |
| Total Market Capitalization: |
| $5.93B |
| % of Market Cap. Held by ETFs: |
| 16.68% |
|
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