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Arysta acquires 9% stake in Plant Impact

Arysta LifeScience has acquired a 9.1% stake in the UK plant health technology company, Plant Impact (PI - Preston, Lancashire), by purchasing around 4.6 million shares for some £2.1 million ($3.4 million). The 45 pence share price represents a 76.5% premium on the closing mid-market price of 25.5 pence per ordinary share on May 23rd, the day before the acquisition. Arysta has also agreed to commercially develop PI’s plant nutrient technologies in the turf and ornamental markets in the US and the horticultural market in Brazil.



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