Simpson-Led Mosaic Selling $1.5B Stake In Saudi Mining JV

By Al Barbarino (May 1, 2024, 12:33 PM EDT) -- Tampa-based fertilizer producer The Mosaic Co. said it has agreed to sell its 25% stake in a phosphate production joint venture to Saudi Arabian mining firm Ma'aden for more than 111 million shares of Ma'aden worth about $1.5 billion. ...

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