FMC closes $403M minority investment by Tessenderlo; 20% stake with board seat

FMC CORP

Tessenderlo Group purchased 30,319,166 FMC shares at $13.30/share, ~$403M total, closing Sept 23, 2026.
Tessenderlo now owns ~20% of FMC common stock and nominated CEO Luc Tack for independent board seat.
Investor Agreement includes 3-year lock-up, standstill, preemptive rights, and board observer rights while holding ≥10%.
FMC granted Tessenderlo eight demand registration rights, exercisable at most once per 120 days.

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