CMP
Compass Minerals International, Inc.NYSE
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  • Mon, Aug. 15, 4:57 PM
    • Compass Minerals (NYSE:CMP) agrees to acquire the remaining 65% of Brazilian specialty plant nutrition company Produquímica Indústria e Comércio for $460M-$480M (including debt), based on expected 2016 performance.
    • Produquímica makes and distributes various specialty plant nutrition products and specialty chemicals, primarily for the water treatment industry and for use in other industrial processes in Brazil; CMP purchased 35% of the company in December 2015.
    • CMP expects the transaction to add $0.12-$0.15 to FY 2016 diluted EPS.
    | Mon, Aug. 15, 4:57 PM | 9 Comments