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-0.000428944423722552 -0.000372995151063094 -0.00130548302872063 -0.00111898545318915 -0.00167847817978373 -0.00678851174934734 -0.00951137635210752 -0.0123088399850803
Stock impact report

The Mosaic Company (MOS) Divests Potash Operation in New Mexico for $30M to Focus on Canada Operations [Yahoo! Finance]

Mosaic Company (The) (MOS) 
Last mosaic company (the) earnings: 2/19 04:42 pm Check Earnings Report
US:NYSE Investor Relations: investors.mosaicco.com
Company Research Source: Yahoo! Finance
definitive agreement to sell Mosaic Potash Carlsbad to International Minerals Carlsbad for $30 million. The sale covers the operations, assets, and liabilities of the Mosaic mine in Carlsbad, New Mexico. wk1003mike/Shutterstock.com Under the terms of the agreement, the company is to receive an initial cash purchase price of $20 million and deferred cash consideration of $10 million, payable in three equal annual installments beginning in 2029. The transaction is to close in the first half of 2026 and record non-cash asset impairment in the fourth quarter. Following the sale, The Mosaic Company will focus on operations in Saskatchewan, Canada, to enhance potash production, which is expected to generate strong returns. The divestment also aligns with the company's broader strategy, which focuses on streamlining its asset base and concentrating potash production on higher-return operations. The sale comes as Wall Street analysts remain bullish on the stock, with a consensus Moder Show less Read more
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