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Web Date: March 31, 2017

FMC to buy DuPont’s pesticide business

DuPont will get FMC health and nutrition ingredients in asset swap
Department: Business
News Channels: Environmental SCENE, Materials SCENE
Keywords: mergers & acquisitions, agriculture, Dow-DuPont, food ingredients, crop protection

Taking another step toward completing its merger with Dow Chemical, DuPont has agreed to sell a large portion of its crop protection business to FMC.

The sale will satisfy DuPont’s commitment to the anti-trust regulators of the European Union, which gave a conditional green light to the Dow deal on Monday. In return, DuPont will receive $1.6 billion and FMC’s health and nutrition business.

The asset swap will make . . .

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