Tessenderlo Group has completed a $403 million minority equity investment in FMC Corporation, acquiring approximately 20% of FMC's outstanding shares at $13.30 per share. This strategic investment grants Tessenderlo the right to nominate one independent director to FMC's board, with Luc Tack, CEO of Tessenderlo, nominated. The deal includes a three-year lock-up period and standstill restrictions. This partnership strengthens FMC's position in agricultural sciences and aligns with Tessenderlo's focus on agriculture and industrial solutions.
Despite Tessenderlo Group's recent $403 million minority equity investment in FMC Corporation at $13.30 per share, FMC's stock is trading lower on Pluang at USD 9.91 as of Sep 24, 2026 03:32 WIB, down 6.20% in one day. The stock's market cap stands at $1.32 billion, with a dividend yield of 3.03%, and all current Pluang orders are buys. This shows a contrast between the investment optimism and the current market price performance on Pluang.
