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Vale to retain port terminal stake in rejigged Mosaic deal

By:  
Creamer Media Deputy Editor: North America
 
FERTILISER
Brazilian diversified major Vale will retain a stake in the TIPLAM port terminal, in southeast Brazil, under terms of an adjusted $2.5-billion deal with The Mosaic Co to sell certain of its fertiliser assets. Vale advised on Tuesday that the sale of Vale Fertilizantes to Mosaic is now expected to close on or about January 8.
 
 
 
 
 

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