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2009 Archive - Nufarm

2009 Archive



29 Dec 2009 Nufarm terminates discussions with Sinochem (PDF 199KB)
Nufarm Limited (“Nufarm”) today announced that it has terminated discussions with Sinochem Corporation (“Sinochem”) in relation to its proposal to acquire all of the issued ordinary shares in Nufarm.

29 Dec 2009 Strategic investment from Sumitomo and $250m capital raising (PDF 142KB)
Nufarm Limited (“Nufarm”) announced today that it has executed a Memorandum of Understanding (“MoU”) with Sumitomo Chemical Company Limited (“Sumitomo”) relating to a proposed strategic investment in Nufarm by Sumitomo.

22 Dec 2009 Nufarm receives revised price from Sinochem (PDF 115KB)
Nufarm Limited announced today that it has received a revised price from Sinochem Corporation relating to Sinochem’s proposal to acquire all of the ordinary issued shares in Nufarm.

01 Dec 2009 Update on Sinochem Acquisition proposal
On September 27, 2009, Nufarm Limited (Nufarm) and Sinochem Corporation (Sinochem) executed a Heads of Agreement in relation to a non-binding proposal for Sinochem to acquire all of the issued ordinary shares in Nufarm for a price of $13.00 cash per share.
Nufarm today announced that the parties are not in a position to execute a TIA by December 3, 2009.

28 Sep 2009 2009 Full Year Profit Announcement (PDF 196KB)
Full year results for the period ending July 31, 2009

28 Sep 2009 Nufarm and Sinochem agree to work on an acquisition proposal (PDF 790KB)
Nufarm Limited (Nufarm) today announced that it has entered into a Heads of Agreement with
Sinochem Corporation (Sinochem) in relation to a non-binding proposal for Sinochem to acquire all of
the issued ordinary shares in Nufarm by way of a scheme of arrangement for a price of $13.00 per
ordinary share (the Proposed Acquisition).

05 Aug 2009 UK regulatory clearance for AH Marks acquisition (PDF 91.93KB)
The UK Competition Commission has notified Nufarm that is has fulfilled its obligations in relation to remedies associated with the AH Marks acquisition (completed March, 2008).

05 Aug 2009 Nufarm acquires leading US sorghum seed companies (PDF 155KB)
Nufarm Ltd has strengthened and expanded its seed business by acquiring two US based sorghum companies. The acquisition of Texas based Richardson Seeds Ltd and MMR Genetics Ltd was completed this week for an undisclosed cost.

24 Jul 2009 Market Update (PDF 75KB)
Nufarm has been approached by Sinochem (on a confidential, preliminary and incomplete basis) in relation to the potential acquisition of Nufarm.

16 Jun 2009 Nufarm Share Purchase Plan (PDF 99KB)
Nufarm Announced today that it will extend the closing date for the current Share Purchase Plan (SPP) until 5pm (AEST) on Tuesday 23 June.

16 Jun 2009 Nufarm adjusts earnings guidance (PDF 141KB)
Nufarm Limited announced today that it will not achieve previous earnings guidance for the current financial year because of a decline in demand for glyphosate and increased price competition for fewer sales opportunities in key markets.

03 Jun 2009 Nufarm appoints new independent Director (PDF 115KB)
Dr Bob Edgar has been appointed to Nufarm Limited’s Board of Directors, effective July 1, 2009.

15 May 2009 Nufarm announces capital raising (PDF 129KB)
Nufarm Limited (”Nufarm”) announced today that it will raise approximately $300 million via a fully underwritten institutional placement of 26.7 million ordinary shares at $11.25 per share (“Institutional Placement”). All new shares issued under the Institutional Placement will rank equally with existing shares.

31 Mar 2009 2009 Interim Announcement (PDF 178KB)
Nufarm reports a first half operating profit of $65.2m and reaffirms full year earnings guidance.

11 Feb 2009 UK Competition Commission approves Nufarm’s acquisition of AH Marks Ltd
Nufarm Limited today welcomed the announcement from the UK Competition Commission that it has approved Nufarm’s acquisition of AH Marks Ltd, subject to the satisfactory implementation of certain undertakings.