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Chemical company Platform to buy Arysta LifeScience for $3.5 bln
October 20, 2014 / 11:37 AM / 3 years ago

Chemical company Platform to buy Arysta LifeScience for $3.5 bln

Oct 20 (Reuters) - Specialty chemicals company Platform Specialty Products Corp said it will buy rival Arysta LifeScience Ltd from a company backed by private equity firm Permira for about $3.51 billion.

The company said it expects the deal to immediately add to adjusted earnings per share.

The deal is expected to be “highly complementary” to Platform’s crop protection businesses.

Arysta is a global provider of agrochemical and biological products. (Reporting By Shubhankar Chakravorty in Bangalore; Editing by Don Sebastian)

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