Makhteshim Terminates Albaugh Deal

摘要

Makhteshim Agan (Tel Aviv) says it no longer plans to acquire Albaugh (Ankeny, IA), a privately held manufacturer of off-patent crop protection products, due to "various findings that surfaced" in the course of due diligence. Makhteshim says findings "constituted a material deviation from the data based on which the company decided to enter the letter of intent."