IMC Global and Cargill Receive Canadian Antitrust Clearance for Pending Transaction
02 9월 2004 - 10:40PM
PR Newswire (US)
IMC Global and Cargill Receive Canadian Antitrust Clearance for
Pending Transaction LAKE FOREST, Ill., and MINNEAPOLIS, Sept. 2
/PRNewswire-FirstCall/ -- IMC Global Inc. (NYSE:IGL) and Cargill,
Incorporated today announced that they have been informed by the
Canadian Competition Bureau that it has determined to take no
action with respect to 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. Cargill and IMC announced
on Tuesday, August 31, that the U.S. Department of Justice had
similarly concluded its antitrust investigation of the transaction.
Although the combination is subject to post closing review by the
Brazilian government, no other competition approvals are required
prior to closing. 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, ; Douglas Hoadley of IMC Global Inc.,
+1-847-739-1826, Web site: http://www.imcglobal.com/
http://www.cargill.com/ http://www.cargillfertilizer.com/
http://www.cargill.com/today/press.htm
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