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Agropharmaceuticals. Gowan launches takeover bid on Isagro

The Italian company will be integrated into the activities of the American group and delisted

The American group Gowan will acquire the entire capital of Piemme, the holding that controls Isagro, a Lombard company that operates worldwide in the agropharmaceutical market. Gowan is based in Arizona and specializes in the development and processing of crop protection, seed and fertilizer products. Already a minority shareholder of Isagro, it will launch a takeover bid (Isagro is listed on the Milan Stock Exchange) with the aim of integrating Isagro within the group, in order to then proceed with the delisting of the company. Giorgio Basile and the other Piemme shareholders entered into a binding agreement relating to the sale to Gowan of all their shares, equal to 99.9% of the capital.

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EFA News - European Food Agency