Report
Jeffrey Stafford
EUR 98.48 For Business Accounts Only

FMC Strengthens Crop Protection Portfolio with DuPont Transaction; We Raise our FMC FVE to $68

FMC and DuPont announced a transaction to exchange assets as a part of DuPont’s required divestitures to close the merger with Dow. FMC will acquire DuPont’s divested crop protection chemicals assets in exchange for FMC’s health and nutrition business and $1.2 billion in cash. We think the deal is positive for FMC shareholders at the expense of DuPont shareholders and FMC likely paid a lower price for DuPont’s assets due to the regulatory requirement that DuPont make the divestiture. FMC will pa...
Underlying
Dow Chemical Co/The

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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We have operations in 27 countries.

Analysts
Jeffrey Stafford

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