Mahindra & Mahindra’s Farm Equipment Sector (FES) has acquired 11.25 per cent stake in Switzerland-based agriculture technology firm Gamaya for $4.3 million, the Indian company said in a statement on Friday. The...
Australia’s antitrust regulator raises concerns over Landmark-Ruralco deal
Australia’s competition regulator said on Thursday it was examining whether a proposed takeover of Ruralco Holdings Ltd could reduce wholesale competition and lead to discrimination against some independent retail...
Suitor quits $1.7 billion bid for Australia’s GrainCorp, shares tumble
Australia’s largest-listed grain handler, GrainCorp Ltd, said that suitor Long-Term Asset Partners (LTAP) has withdrawn its A$2.4 billion ($1.7 billion) takeover bid after due diligence, pushing shares to five-month...
Louis Dreyfus could consider selling stake to regional player
Louis Dreyfus Company, one of the world’s biggest agricultural commodities houses, may consider selling a stake to a regional player to support its development although there are no specific plans to do so, the company...
Tiger Global invests $89 million in agri-tech startup NinjaCart
Storied American venture investor Tiger Global has invested $89.5 million in agri-tech startup NinjaCart, show regulatory filings accessed from registrar of companies (RoC) by paper.vc. NinjaCart is a marketing and...
Thai CPF to acquire Canadian pork producer HyLife for $372 million
Charoen Pokphand Foods Pcl (CPF), Thailand’s largest agriculture conglomerate, said on Monday it would acquire Canadian pork producer HyLife Investments for C$498 million ($372.7 million) to expand its North American...
Agritech startup DeHaat raises ₹30 cr led by Omnivore
DeHaat, an online marketplace for farm products and services, said it has raised ₹30 crore in a funding round led by impact investor Omnivore. US-based agriculture investor AgFunder and several angel investors too...
NACL to raise Rs 100 cr from Krishi Rasayan Group, offers 16% stake in firm
Crop management solutions company NACL, formerly known as Nagarjuna Agrichem, has decided to raise Rs 100 crore from Kolkata-based Krishi Rasayan Group by offering a 16 per cent stake in the company. This is part of the...
ADM CEO says wrong time for ‘monster’ acquisitions
U.S. grain merchant Archer Daniels Midland Co (ADM) has looked at buying rivals including Bunge Ltd. and dozens of other companies but decided the time is not right for “monster” acquisitions, the company’s chief...
Australia’s GrainCorp says needs more information on $1.8 billion takeover proposal
Australia’s GrainCorp Ltd (GNC.AX) still does not have enough information about a A$2.38-billion ($1.76-billion) takeover offer from a little-known asset manager to recommend the deal to shareholders, the nation’s...
Bayer Weighs Selling Its Vet Unit in Post-Monsanto Revamp
Bayer AG is considering a sale of its animal-health business as it scrutinizes its portfolio in the aftermath of the $63 billion Monsanto Co. acquisition, people familiar with the company’s plans said. Bayer is...
Glencore’s Agriculture Flop Shows Why It Still Needs M&A
Glencore Plc’s poor performance in agriculture shows exactly why the company still needs a big deal to compete on the international stage. While rival Archer-Daniels-Midland Co. used its global reach to profit from...
