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:

Our Standards:The Thomson Reuters Trust Principles.