FMC is trading 8.4% up now at $11.19 after announcing a $400 million minority equity investment from Belgium-based Tessenderlo Group at $13.30 per share.
- Tessenderlo will acquire a roughly 20% stake in the company, representing a significant premium to the current share price.
- The capital infusion supports FMC’s strategic plan to pay down approximately $1 billion of debt.
- The deal bolsters investor confidence following yesterday’s weak Q2 results and downwardly revised 2026 guidance.