FMC Corporation (FMC) Sells 20% Stake to Tessenderlo for $403M
FMC closed a minority equity investment by Tessenderlo Group, which bought 30,319,166 shares at $13.30 for about $403M, now holding ~20% of FMC. Tessenderlo gets one board nominee and agreed to standstill and a three-year lock-up.Material DetailsContext by AI AnalystThis is a significant ownership…