May 05, 2014

Japanese Sumitomo Chemical eyes the long term with Nufarm investment

Japanese sake Copyright Peter Hanami 2005
Picture: Japanese sake 



"The takeover play saw Japan's Sumitomo Chemical take its 20 per cent in Nufarm at $14 a share. The Japanese company has since crept its stake up to 23 per cent and has a representative on the board....the end game looks like a takeover but the Japanese are notorious for having long-term time horizons"



Source: Seeds of doubt linger at Nufarm
Due Diligence
Australian Financial Review
Monday 17th March 2014, page 40


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