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NYSE Trading Opens for Mosaic
NEW YORK - Oct 25/04 - SNS -- Trading in common shares of The Mosaic Company began on the New York Stock Exchange today.
The new company combines the business and assets of the Cargill Crop Nutrition business units of privately held Cargill, Incorporated (Cargill), with the business of IMC Global Inc. based in Lake Forest, IL (IMC).
Mosaic expects to have consolidated annual revenues exceeding $4.5 billion during its first fiscal year, with more than 8,000 employees in 15 countries serving customers in nearly 50 countries.
The company has production facilities in Florida, Michigan, Louisiana and New Mexico; and the Canadian province of Saskatchewan. The company also has equity interests in phosphate producers in China and Brazil.
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