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BRIEF-FMC Corp agreed with Nufarm to divest portion of FMC's European herbicide portfolio​
November 8, 2017 / 1:54 AM / 15 days ago

BRIEF-FMC Corp agreed with Nufarm to divest portion of FMC's European herbicide portfolio​

Nov 7 (Reuters) - Fmc Corp -

* FMC CORPORATION ANNOUNCES AGREEMENT WITH NUFARM LIMITED

* ‍SIGNING OF A DEFINITIVE AGREEMENT WITH NUFARM LIMITED TO DIVEST A PORTION OF FMC‘S EUROPEAN HERBICIDE PORTFOLIO​

* FMC CORP -‍UNDER TRANSACTION, NUFARM WILL ACQUIRE FMC‘S SU-CLASS HERBICIDES AND FLORASULAM FOR POST-EMERGENCE USE TO CONTROL BROADLEAF WEEDS IN CEREALS​

* ‍IN EXCHANGE, FMC WILL RECEIVE $90 MILLION, WHICH INCLUDES PURCHASE OF EXISTING PRODUCT INVENTORY​ Source text for Eikon: Further company coverage:

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