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Bidders Line Up for Arysta

11:25 AM MDT | September 21, 2007 | DR

A total of six bidders are rumored to be lining up to buy Arysta Lifescience Corp. (Tokyo), the world’s largest privately held agricultural chemical company, in a deal worth about $2 billion, media reports say. The bidders include Blackstone Group (New York); Nufarm (Laverton, Australia); Rallis India (Mumbai); and United Phosphorus Ltd. (Mumbai), reports say. Rallis and United Phosphorus each declined to comment on the reports. Nufarm says that it regularly evaluates acquisition opportunities, reports say. Private equity firm Olympus Capital Holdings Asia...

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