IMC Global and Cargill Receive DOJ Clearance for Pending Transaction
31 Agosto 2004 - 12:14PM
PR Newswire (US)
IMC Global and Cargill Receive DOJ Clearance for Pending
Transaction LAKE FOREST, Ill., and MINNEAPOLIS, Aug. 31
/PRNewswire-FirstCall/ -- IMC Global Inc. (NYSE:IGL) and Cargill,
Incorporated today announced that they have been informed by the
U.S. Department of Justice (DOJ) that the DOJ has concluded its
antitrust investigation of the pending combination of IMC and
Cargill Crop Nutrition, which will be known as The Mosaic Company,
and that the transaction may proceed as proposed. The merger is
also subject to approval by The Canadian Competition Bureau and
post closing review by the Brazilian government. IMC Global and
Cargill are also working cooperatively with the Securities and
Exchange Commission to obtain effectiveness of a definitive proxy
statement/prospectus to be mailed to common shareholders of record
with respect to the Mosaic transaction. IMC Global will establish a
definitive date for the special meeting of common shareholders and
send the definitive proxy statement/prospectus to common
shareholders of record following receipt of such effectiveness.
About IMC Global Inc. From multiple mines and plants in North
America, IMC Global serves world agriculture as one of the largest
producers and marketers of concentrated phosphates and potash crop
nutrients. It also is a leading global provider of phosphorus and
potassium feed ingredients for the animal nutrition industry. IMC
Global has 5,000 employees and customers in nearly 50 countries.
With products essential for life, IMC Global "feeds the land that
feeds the world." For more information, visit
http://www.imcglobal.com/ . About Cargill Crop Nutrition Cargill
Crop Nutrition is a business unit of Cargill, Incorporated, an
international provider of food, agricultural and risk management
products and services. With 101,000 employees in 60 countries,
Cargill is committed to using its knowledge and experience to
collaborate with customers to help them succeed. For more
information, visit http://www.cargill.com/ or
http://www.cargillfertilizer.com/ . Not a Proxy Solicitation for
IMC Global and Cargill Crop Nutrition Combination This
communication is not a solicitation of a proxy from any security
holder of IMC Global or Cargill, Incorporated. The Mosaic Company
(formerly Global Nutrition Solutions, Inc.) has filed a
Registration Statement on Form S-4 with the SEC containing a
preliminary proxy statement/prospectus regarding the proposed
transaction. Stockholders are urged to read the definitive proxy
statement/prospectus regarding the proposed transaction when it
becomes available, because it will contain important information.
Stockholders will be able to obtain a free copy of the definitive
proxy statement/prospectus, as well as other filings containing
information about Cargill and IMC Global, without charge, at the
SEC's Internet site ( http://www.sec.gov/ ). Copies of the
definitive proxy statement/prospectus and the filings with the SEC
that will be incorporated by reference in the definitive proxy
statement/prospectus can also be obtained, without charge, by
directing a request to IMC Global Inc., 100 South Saunders Road,
Lake Forest, Illinois 60045-2561, Attention: Douglas A. Hoadley, or
by telephone at (847) 739-1200, email: , or to Cargill,
Incorporated, 15407 McGinty Road West, MS 25, Wayzata, Minnesota
55391, Attention: Lori Johnson, or by telephone at (952) 742-6194,
email: . The respective directors and executive officers of Cargill
and IMC Global and other persons may be deemed to be participants
in the solicitation of proxies in connection with the proposed
transaction. Information regarding such persons and a description
of their direct and indirect interests, by security holdings or
otherwise, is contained in the preliminary proxy
statement/prospectus contained in the above-referenced Registration
Statement on Form S-4 of The Mosaic Company (formerly Global
Nutrition Solutions, Inc.) filed with the SEC on April 8, 2004 and
most recently amended on August 27, 2004. DATASOURCE: IMC Global
Inc. CONTACT: Gray Gordon of Cargill Crop Nutrition,
+1-813-671-6145, , or Douglas Hoadley of IMC Global Inc.,
+1-847-739-1826, Web site: http://www.cargill.com/today/press.htm
http://www.cargillfertilizer.com/ http://www.imcglobal.com/
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