UPDATE 1-Mosaic to buy CF's phosphate business for $1.2 billion

Oct 28 (Reuters) - Mosaic Co said on Monday that it would buy the phosphate business of fellow U.S. fertilizer company CF Industries Holdings Inc for $1.2 billion in cash.

from Reuters: Mergers News http://feeds.reuters.com/~r/reuters/mergersNews/~3/LH7nFhojn4k/story01.htm