皇冠体育app

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Chem皇冠体育app buys control of Israeli agri-chemicals maker

(Agencies)
Updated: 2010-12-29 10:36
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皇冠体育app National Chemical Corp (Chem皇冠体育app)?offered to buy a controlling stake in Makhteshim-Agan Industries Ltd, the largest maker of generic agricultural chemicals, in a deal valuing the Israeli company at $2.4 billion, Bloomberg News reported Wednesday.?

Chem皇冠体育app?agreed to acquire?seven percent of Makhteshim from Koor Industries Ltd and offered to buy all the publicly traded stock to bring its stake to 60 percent, the report cited?Makhteshim as saying.

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皇冠体育app is the world's largest consumer of foods including pork, soybeans and rice, the report said.?

Chem皇冠体育app, the nation's second-biggest chemical company, has 158.7 billion yuan ($24 billion) of assets, according to its website.