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BRIEF-Nufarm to acquire FMC European herbicide product portfolio
November 8, 2017 / 2:33 AM / 10 days ago

BRIEF-Nufarm to acquire FMC European herbicide product portfolio

Nov 8 (Reuters) - Nufarm Ltd

* Nufarm to acquire fmc european herbicide product portfolio

* ‍cash consideration of us$85 million​

* ‍is expected to contribute net sales of approximately a$30m and ebitda of approximately a$15 million in 2019 financial year​

* Acquisition is expected to be eps accretive in first full year of ownership fy19

* Nufarm will also buy existing product inventory on completion of transaction for about us$5 mln​ Source text for Eikon: Further company coverage:

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