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Singapore state investment firm Temasek Holdings has acquired a 6.5% stake in New York-listed fertilizer maker Mosaic Co. (MOS), according to a filing to the Securities Exchange Commission.
The filing, dated Dec. 13, said Temasek now holds 17.9 million shares, which, based on Tuesday's closing price of US$49.93, values the stake at US$893.1 million. A regulatory filing to the SEC dated Sep. 30 showed Temasek held 108,026 Mosaic shares.
A Temasek spokesperson declined to comment.
-By Sam Holmes, Dow Jones Newswires; +65-6415-4157; firstname.lastname@example.org