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Gowan to take stake in Isagro

The Italian authorities have authorised the deal for US agrochemical firm Gowan (Yuma, Arizona) to take a minority stake in Italian agrochemical business Isagro (Milan). The Italian national stock exchange commission, the Consob, which regulates the stock market, has endorsed the alliance agreement between the indirect owner of Isagro, Piemme, and Gowan for the latter to become an "industrial partner" in the control of Isagro without conditions. The parties agreed the deal in July (Agrow No 670, p 4).

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