Southern Crop

Southern Crop

BASF Considers Another Major Seed Purchase

Bayer is selling its entire vegetable seeds business—and BASF is contemplating yet another seed purchase. Operating under the global name Nunhems, Bayer is selling the vegetable seeds business to appease European Union (EU) concerns over its pending acquisition of Monsanto. Bayer recently stated it’s in exclusive talks with BASF for the transaction.

 

Read more

Related Articles

According to Reuters, the deal would likely be scrutinized by EU (European Union) regulators by the January 8 deadline. However, Bayer asked for an extension to January 22. The EU regulators haven’t confirmed the extension. If they do, it pushes back the date when both companies will merge.   Read[…]

Read More »

Bayer (BAYGn.DE) shares jumped nearly 5 percent on Tuesday following a media report that the U.S. Justice Department will allow the German drugs and pesticides group to acquire Monsanto (MON.N) in a $62.5 billion deal.   Read more

Read More »