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BRIEF-Compass Minerals Announces $252 Million Strategic Equity Investment Partnership With Koch Minerals & Trading Llc

BRIEF-Compass Minerals Announces $252 Million Strategic Equity Investment Partnership With Koch Minerals & Trading Llc

Reuters · 09/14/2022 06:51
BRIEF-Compass Minerals Announces $252 Million Strategic Equity Investment Partnership With Koch Minerals & Trading Llc

- Compass Minerals International Inc CMP.N:

  • COMPASS MINERALS ANNOUNCES $252 MILLION STRATEGIC EQUITY INVESTMENT PARTNERSHIP WITH KOCH MINERALS & TRADING LLC

  • COMPASS MINERALS-ABOUT $200 MILLION OF PROCEEDS FROM INVESTMENT ARE EXPECTED TO BE USED TO ADVANCE FIRST PHASE OF SUSTAINABLE LITHIUM DEVELOPMENT PROJECT

  • COMPASS MINERALS INTERNATIONAL INC - KM&T HAS AGREED TO PURCHASE 6.8 MILLION SHARES OF COMPASS MINERALS STOCK AT $36.87 PER SHARE

  • COMPASS MINERALS INTERNATIONAL INC - KM&T HAS AGREED TO PURCHASE 6,830,700 SHARES OF COMPASS MINERALS COMMON STOCK AT A PRICE OF $36.87 PER SHARE

  • COMPASS MINERALS INTERNATIONAL INC - POST CLOSE , KM&T WILL OWN ABOUT 17% OF COMPASS MINERALS' OUTSTANDING SHARES

  • COMPASS MINERALS INTERNATIONAL INC - POST CLOSE, KM&T WILL HAVE ABILITY TO APPOINT TWO ADDITIONAL MEMBERS TO COMPASS MINERALS BOARD OF DIRECTORS

Source text for Eikon: ID:

Further company coverage: CMP.N


((Reuters.Briefs@thomsonreuters.com;))