FMC Stock: Strategic Sale In Play, But What Is A Fair Price?

FMC Corporation is exploring a full sale or strategic alternatives after a major misstep in the Indian market led to asset impairment and dividend cuts. Management rejects a $30/share buyout as insufficient, implying any acquisition would require a premium exceeding 100% from current depressed levels. FMC's premium product portfolio and development pipeline could justify a $40–$55 takeover, but operational execution and deleveraging remain critical challenges.