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Denmark's Auriga sells crop unit Cheminova to FMC Corp for $1.8 bln

2014-09-08 14:03:00| Chemicals - Topix.net

Auriga Industries has agreed to sell its crop protection unit Cheminova to U.S.-based chemicals firm FMC Corp for 10.5 billion Danish crowns , the Danish company said on Monday. The price for 100 percent of Cheminova shares corresponds to a cash consideration of about 8.5 billion crowns adjusted for net debt, equalling 333 crowns per Auriga share, the company said.

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