Weil Advises Citi in Financing for FMC’s $1.8 Billion Acquisition of Cheminova

A Weil team led by New York partner Danek Freeman advised Citi in connection with providing committed debt financing for FMC Corp.’s $1.8 billion acquisition of Cheminova A/S, a multinational crop protection company based in Denmark, from Auriga Industries A/S.

The acquisition of Cheminova, which is expected to close in early 2015, will broaden FMC’s product portfolio and geographic footprint. Cheminova also brings complementary technologies in insecticides and herbicides, significantly enhances FMC’s fungicide portfolio and adds a growing micronutrient business.

The Weil team advising Citi was led by Banking & Finance partner Danek Freeman, and included Banking & Finance partner Morgan Bale; Capital Markets partner Jennifer Bensch, M&A partner Raymond Gietz; Regulatory partner Chip Roh (Washington D.C.); Banking & Finance associate Peter Puk; Capital Markets associate Jennifer Waisberg; M&A associate Owen Denby; and Regulatory associate Timothy Welch (Washington D.C.) (all in New York unless otherwise specified).

Source:  www.weil.com