Vale announces the sale of its minority interest in Mosaic
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Vale announces the sale of its minority interest in Mosaic
Vale today announced the sale of all of its common shares of Mosaic. The total net proceeds to Vale from the underwritten secondary offering of 34,176,574 shares of common stock of Mosaic before expenses will be approximately US$1.26 billion. The offering is expected to close on November 9, 2021, subject to customary closing conditions.
The transaction reinforces Vale’s strategic pillar of capital discipline and our continued focus on our core businesses.
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imprensa@vale.com
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