Southern Crop

Southern Crop

Bayer Signs Agreement to Sell Selected Crop Science Businesses to BASF for EUR 5.9 Billion

In light of the planned acquisition of Monsanto, Bayer has signed an agreement to sell selected Crop Science businesses to BASF for EUR 5.9 billion. The assets to be sold generated net sales of approximately EUR 1.3 billion in 2016. “We are taking an active approach to address potential regulatory concerns, with the goal of facilitating a successful close of the Monsanto transaction,” explained Werner Baumann, Chairman of the Board of Management of Bayer AG.

 

Read more

Related Articles

EPA bans 72 inert ingredients from pesticides

EPA has banned the use of 72 inert chemicals as ingredients in pesticide formulations, acting in response to a decade-old petition from environmental and public health groups who asked the agency to label nearly 400 such ingredients on the packages, and later sued the agency for failing to act. The[…]

Read More »