NYSE:FMCChemicals
FMC Corp (FMC): Evaluating Valuation as India Exit Highlights Strategic Shift and Renewed Growth Focus
FMC (FMC) just announced plans to divest its commercial business in India, citing hurdles like a fragmented distribution channel and direct competition from generics. The move comes as management focuses on streamlining operations, pursuing new product launches, and increasing cost efficiency, all while still retaining a supply agreement in the market. For investors, this could indicate that leadership is ready to take decisive action in challenging regions and seek out long-term growth...