Another Chinese approach for Nufarm
Nufarm has notified shareholders of a potential acquisition approach from the Chinese chemical company, Sinochem. The approach was “confidential, preliminary and incomplete” and there is “no certainty that any agreement will be reached or that an offer or proposal will be put to Nufarm shareholders”, the company points out. Sinochem also confirms that there is “no certainty that matters will progress”. It is one of a range of potential growth opportunities that Sinochem is exploring.