Benzinga's Weekend M&A Chatter

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday June 17 through Sunday June 19, 2016:

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Land O' Lakes, Inc. and Ceres, Inc.

announced Friday, that they have agreed that Land O'Lakes will acquire all of the outstanding capital stock of Ceres for $0.40 per share in cash, for a transaction valued at approximately $17.2 million. The transaction is expected to close in Q3 of 2016. Ceres closed at $0.38 on Friday, up 73%.

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Albemarle Corporation

announced Friday, that it has signed a definitive agreement to sell its Chemetall Surface Treatment business to BASF

for approximately $3.2 billion in cash. The deal is expected to close by year's end. Albemarle closed at $82.80 on Friday, up 3.5%.

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Mosaic Co

is said to be in talks to acquire Vale SA's

fertilizer unit, according to sources as reported by

on Friday. Vale's fertilizer assets could bging up to $3 billion in a sale, sources said. Mosaic closed at $26.74 on Friday up 3.24%.