Tessenderlo to buy ~20% stake in FMC Corp for $400M

* FMC Corporation (FMC [https://seekingalpha.com/symbol/FMC]) and Tessenderlo Group (TSDOF [https://seekingalpha.com/symbol/TSDOF]) Tuesday said [https://seekingalpha.com/pr/20569496-fmc-corporation-reaches-agreement-for-400-million-minority-equity-investment-from-tessenderlo]that they have entered into a definitive agreement under which Tessenderlo will make a strategic minority equity investment in FMC of ~$400M at a price of $13.30 per share.
* Upon completion of the transaction, Tessenderlo Group will own approximately 20% of the outstanding shares of FMC common stock.
* This transaction represents the conclusion of the FMC Board of Directors' exploration of strategic options, which was announced in February 2026. FMC intends to use the funds to pay down debt, allowing the company to reach its approximately $1B debt paydown target.
* FMC shares rose 2% in extended trading.

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