Tessenderlo Group takes 20% FMC stake in $403 million investment
AI Summary- FMC Corporation and Tessenderlo Group completed a minority equity investment in FMC.
- Tessenderlo bought 30,319,166 shares at $13.30 each for approximately $403 million.
- Tessenderlo nominated Luc Tack for one independent FMC board seat and accepted a three-year lock-up.