Agrichemicals company FMC Corp said on Wednesday it intends to divest its commercial business in India, in response to challenges in the country. Shares of the company, which also lowered its forecast for annual sales...
Adani Group sells 20% stake in AWL Agri Business to Wilmar in Rs 7,150 crore deal
Apples-to-airport conglomerate Adani Group on Thursday sold its 20% stake in FMCG joint venture AWL Agri Business Limited to Singapore’s Wilmar International in a Rs 7,150 crore deal priced at Rs 275 per share...
Bunge completes long-delayed mega-merger with grain handler Viterra
Global agribusiness Bunge Global said it officially closed a long-delayed deal to merge with Glencore-backed Viterra on Wednesday, two years after announcing the $34 billion mega-deal. The merger creates a global crop...
Bunge’s $34 billion Viterra merger clears final China hurdle
Global agribusiness Bunge Global SA said Friday it has received regulatory approval from China for its merger with Glencore-backed grain handler Viterra, the final hurdle for its $34 billion mega-deal announced two...
IFB Agro to acquire Cargill India’s shrimp and fish feed biz
Kolkata, May 30 (PTI) IFB Agro Industries Ltd on Friday said its board has approved a proposal to acquire the entire commercial shrimp and freshwater fish feed business of Cargill India, marking a strategic move to...
Vertical Farmer Plenty, Backed by Bezos, Softbank, Files Bankruptcy
Plenty Unlimited Inc., a vertical farming business that’s drawn backing from Jeff Bezos, SoftBank Group Corp. and Walmart, has filed for bankruptcy with a lender-backed plan to either raise capital or sell the business...
Murugappa group’s Coromandel International buys controlling stake in Nagarjuna Agrichem
Murugappa Group’s Coromandel International said it has bought a controlling stake in Nagarjuna Agrichem, a producer of active ingredients for crop protection chemicals. ET was the first to report about the deal...
Coromandel International shares in focus on acquiring 53% stake in NACL for Rs 820 crore
Shares of Coromandel International will be in focus on Thursday after the company acquired a majority 53% stake in agrochemical firm NACL Industries Ltd for Rs 820 crore and announced plans to launch an open offer to...
Namdhari Seeds acquires 100% stake in US-based Axia’s open-field vegetable seed business
Namdhari Seeds, a vegetable and flower seeds breeding company, has acquired a 100 per cent stake in US-based Axia’s open-field vegetable seed business. The species include tomatoes, hot and sweet peppers, melons...
Oswal Greentech acquires additional 5% stake in OAML
Oswal Greentech announced that it has acquired a 4.97% stake in Oswal Agro Mills (OAML) by purchasing shares at a price of Rs 69 each, for a total consideration of Rs 46.17 crore. OAML is primarily engaged in the...
Dhanuka Agritech to acquire Bayer’s crop protection products
Dhanuka Agritech has signed an agreement with Bayer AG, Germany for the acquisition of the crop protection active ingredients named Iprovalicarb and Triadimenol along with the trademark Melody for Iprovalicarb. This...
Bunge-Viterra agriculture merger runs into Canada competition concerns
Canada’s Competition Bureau on Tuesday said it found major competition concerns around U.S. grains merchant Bunge’s proposed acquisition of Glencore-backed Viterra, throwing an obstacle before a global...
