Nov 1, 2017Sale of DuPont crop protection unit to FMC set
FMC (NYSE: FMC) has completed the closing of its two pending transactions with DuPont. The companies signed a definitive agreement on March 31, 2017, and have now satisfied all necessary conditions and approvals.
FMC has acquired the portion of DuPont’s Crop Protection business it had to divest to comply with the European Commission ruling related to its merger with The Dow Chemical Company, which was completed on Aug.31, 2017, to form DowDuPont. Additionally, FMC has completed the sale of FMC Health and Nutrition to DuPont.
The company will provide a first look at the combined company and the integration of this acquisition as part of its third quarter 2017 earnings conference call on Tuesday, Nov. 7, at 9 a.m. ET.