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Mexichem agrees to purchase Israel's Netafim in billion-dollar deal

( August 8, 2017, 10:22 GMT | Official Statement) -- MLex Summary: Mexican plastic pipe and chemicals maker Mexichem has agreed to purchase Israeli irrigation company Netafim for $1.9 billion, pending regulatory approval. The deal is expected to close in the fourth quarter of 2017. Netafim will retain its management and branding upon the completion of the deal.The full text of the statement is below:...

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