Nufarm Assessing Global Acquisitions

Crop protection company Nufarm says it is considering a number of acquisitions in response to speculation it could pounce on assets held by China National Chemical Corp. and possibly U.S.-based crop protection group Albaugh, writes Julie-anne Sprague on the Australian Financial Review website.

Nufarm has been examining how it can benefit from a suite of mega-mergers among global agrichemical giants. State-owned ChemChina sealed the nation’s biggest foreign deal earlier this year with its buyout of Synengta for $US43 billion. Other mergers include the $US130 billion union between Dow Chemical and DuPont and Bayer’s $US66 billion play for Monsanto.

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Read more at AFR.com.

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