Agrow is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


Sumitomo raises stake in Nufarm

Sumitomo Chemical has acquired a further 1.3% stake in Nufarm and indicated that it plans to raise its ownership to 23% within the next six months. The Japanese multinational purchased 4.5 million shares from Nufarm managing director Douglas Rathbone for some Aus$23.8 million (US$25.7 million), bringing its shareholding to 21.7%. Sumitomo acquired a 20% stake in Nufarm last year ( Agrow No 587, p 2). Under the terms of the deal, Sumitomo cannot raise its shareholding above 23% without the prior approval of the Nufarm board.


What to read next




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts