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...
UPL set to acquire Arysta LifeScience for over $4 billion
UPL Ltd is close to buying the farm pesticides business of investor Bill Ackman’s Platform Specialty Products Corp.—known as Arysta LifeScience—for more than $4 billion in one of the largest outbound deals by an Indian...
Bayer begins process to buy up to 26% stake in Monsanto for over Rs 13 bn
German chemicals and pharma major Bayer group has launched the process for over Rs13 billion open offer to acquire up to 26 per cent additional stake in Monsanto India, following its global acquisition of the US...
Platform Specialty in talks to sell agrochemicals unit to Wilmcote – Wall Street Journal
Platform Specialty Products Corp (PAH.N) is in advanced talks to sell its agrochemicals business to London-based Wilmcote Holdings Plc (WCH.L) for about $3 billion, the Wall Street Journal reported on.wsj.com/2JiL3Ze on...
