FMC Corporation (NYSE: FMC) today announced the signing of a definitive agreement with Nufarm Limited to divest a portion of FMC's European herbicide portfolio.  Under the transaction, Nufarm will acquire FMC's SU-class herbicides and Florasulam for post-emergence use to control broadleaf weeds in cereals.  In exchange, FMC will receive $90 million, which includes the purchase of existing product inventory.  The divestiture will satisfy FMC's commitments to the European Commission related to its recent acquisition of a significant portion of DuPont's Crop Protection business. 

he close of the transaction is subject to customary conditions.