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FMC Gets Part of DuPont Divestment

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The FMC Corporation is buying DuPont's crop protection business, it's part of the merger agreement with Dow.

DuPont is divesting the business and in addition to $2.1 billion in cash, DuPont will acquire FMC Health and Nutrition.

The European Union agreed to approve the Dow-DuPont merger if the companies divested assets in research and development..

FMC will get DuPont's global chewing pest insecticide portfolio., cereal broadleaf herbicides, and a big part of crop protection research..

After closing the buy, FMC will be the fifth largest crop protection chemical company in the world with a revenue at about 3.8 billion.

However, this is subject to the outcome of the Dow and DuPont merger, which is expected in the fourth quarter of 2017.