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


Koor compromise with MAI shareholders - update

Makhteshim-Agan Industries’ (MAI) “public” shareholders have signed the compromise agreement reached earlier this month with the major shareholder, Koor Industries. The settlement accepted that shareholders “that are entitled to consideration as part of the ChemChina transaction” would receive a conditional $45 million, Koor says. The shareholders had launched a class action concerning the takeover deal for MAI by Chinese state-owned China National Chemical Corporation (ChemChina – Agrow No 607, p 2). Conditions to the agreement included “closure of the ChemChina transaction and receipt by Koor of the non-recourse loan” of $960 million from ChemChina. The deal required the agreement of the High Court and written approval of the shareholders. Only the Court’s agreement is outstanding.


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