Compass minerals enters into definitive agreement to sell south america specialty plant nutrition business

Overland park, kan.--(business wire)--compass minerals (nyse: cmp), a leading global provider of essential minerals, today announced it has entered into a definitive agreement to sell its south america specialty plant nutrition business to icl brasil ltda., a subsidiary of icl group. the transaction agreement provides for total potential gross cash proceeds of approximately $418 million based on current exchange rates. the company intends to prioritize the use of proceeds to pay down debt in ad
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