MOS 0.00% 16.5¢ mosaic oil nl

Also the words seem deliberate to me "...the proposal that is...

  1. 1,880 Posts.


    Also the words seem deliberate to me "...the proposal that is being made to Mosaic at 15 cents per share is final as to price."

    Final as to price - therefore not final as to terms.

    A very simply way for the bid to be in effect increased would be to still pay 15c for the assets but allow the cash to be returned to shareholders via a capital return or dividend arrangement. This would add about 4c per share in real terms I think.

    Dazzler
 
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