FMC Corporation announced that it has received approval from the Competition Commission of India (CCI) for the proposed acquisition of a portion of DuPont’s Crop Protection business.
The CCI is the final jurisdiction to grant antitrust clearance needed to satisfy regulatory conditions for closing.
“FMC is pleased to have received CCI’s approval,” said Pierre Brondeau, FMC,CEO, and chairman. “We are on track to close our transactions with DuPont on November 1, 2017.”
FMC announced on March 31, the signing of a definitive agreement for FMC to acquire a portion of DuPont’s Crop Protection business that it must divest to comply with the European Commission ruling related to its merger with The Dow Chemical Co.
