BASF and Syngenta are among companies that have submitted preliminary bids for assets that Bayer plans to sell in order to get regulatory approval for its $66 billion takeover of seeds giant Monsanto, according to people familiar with the matter.
The makeover at Bayer continues as the company attempts to purchase Monsanto. This time the German-based firm was granted concessions on proposed spinoffs. Read moreRead More »
Chinese-owned Syngenta is upping the ante on seed investments, with $400 million earmarked for growth and expansion in the next few years. The company is adding a significant number of staffers, expanding research capabilities and “aggressively seeking acquisition and partnership opportunities.” Read moreRead More »