in this issue
Regions :: North Asia :: Japan
Sumitomo Board Approves Investment in Nufarm
10:21 PM MST | January 24, 2010 | Deepti Ramesh
Agchem firm Nufarm (Melbourne) says that the board of directors of Sumitomo Chemical has approved the previously announced proposed investment in Nufarm by Sumitomo. Nufarm signed a memorandum of understanding with Sumitomo last month, according to which Sumitomo proposed to acquire 20% of the issued ordinary shares of Nufarm for A$14/share via a tender offer. Nufarm had terminated discussions last month with Sinochem (Beijing) for the acquisition of Nufarm by Sinochem. Nufarm and Sinochem signed a heads of agreement in September 2009 for a nonbinding proposal...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee