New York, September 09, 2014 -- Moody's Investors Service placed the Baa1 / Prime-2 ratings of FMC Corporation under review for a possible downgrade. The review was prompted by the company's announcement that it entered into an agreement to purchase agricultural chemicals producer Cheminova A/S (Cheminova) of Denmark in an all-cash transaction valued at $1.8 billion, including assumed debt. The transaction is subject to regulatory approvals and is expected to close in early 2015.
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