date:Mar 11, 2014
e from the greater penetration and mix of electric vehicles, Brondeau said.
FMC, which has a market capitalization of $10.35 billion, said the split would be through a tax-free distribution of shares in the new companies to its shareholders.
Brondeau will lead the company holding FMC's agricultural solutions and health and nutrition businesses. A CEO for FMC Minerals will be named in the coming months, FMC said.
Eric Linser, a wealth manager at Avant-Garde Advisors said the split made sense a