German seed seller KWS Saat (KWSG.DE) has made an eleventh-hour bid for Bayer’s (BAYGn.DE) vegetable seed business, which Bayer is selling to BASF (BASFn.DE) to get approval of its planned purchase of Monsanto (MON.N)...
Bankruptcy resolution process: Godrej Agrovet plans to acquire Ruchi Soya
Godrej Agrovet (GAVL), a diversified agri-business company, has submitted its intent to acquire Ruchi Soya, the firm going through a bankruptcy resolution process. GAVL is among more than 24 companies that have...
Bayer in exclusive talks to sell vegetable seeds business to BASF
Bayer (BAYGn.DE) has entered exclusive talks with BASF (BASFn.DE) on the sale of its Nunhems vegetable seeds unit to address antitrust regulators’ concerns over its planned merger with Monsanto (MON.N), the two...
Continental Grain to push Bunge to consider potential sale: source
U.S. agricultural investor Continental Grain Co plans to push Bunge Ltd (BG.N) to consider a potential sale, a person familiar with the matter said on Monday, after Archer Daniels Midland Co (ADM.N) approached Bunge...
ADM pursues big ag merger with grain trader Bunge – WSJ
Top U.S. grains merchant Archer Daniels Midland Co (ADM.N) has proposed a takeover of Bunge Ltd (BG.N), The Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with Swiss-based rival...
NACL Industries gets board approval to raise Rs3,000 crore
NACL Industries, a leading player in crop protection business, on Saturday said its board has approved to raise Rs3,000 crore to fund its growth plans. The company’s board has approved to raise funds to the tune of...
Brazil pushes back decision on Bayer-Monsanto tie-up
Brazilian antitrust agency Cade on Wednesday extended its deadline to review the takeover of Monsanto Co (MON.N) by Bayer AG (BAYGn.DE) by 90 days to late March, potentially spoiling plans to wrap up the $66 billion tie...
Agri-tech firm FarmLink raises Rs 20 cr seed funding
FarmLink, a fruit and vegetable (F&V) supply-chain company, has raised seed stage funding of Rs 20 crore ($3 million) from Pioneering Ventures and Syngenta. The agri-tech company plans to use this capital to expand...
BASF to harvest seeds, herbicide businesses from Bayer for $7 billion
BASF has agreed to buy seed and herbicide businesses from Bayer for 5.9 billion euros ($7 billion) in cash, as Bayer tries to convince competition authorities to approve its planned acquisition of Monsanto. BASF, the...
Mandala Capital picks up 15% in Keventer Agro for Rs 170 crore
Singapore-based private equity firm Mandala Capital has picked up close to 15% stake in Kolkata-based Keventer Agro for $25 million (around Rs 165170 crore) in an all cash deal. The deal, which pegged Keventer...
REI Agro goes in for liquidation
REI Agro, a firm that claims to have 22 per cent share in the world’s basmati rice market, has gone in for liquidation after the National Company Law Tribunal (NCLT) ordered it to do so. The company, which sells Rain...
Hatsun Agro seeks shareholders’ nod to raise Rs500 crore via QIP
Dairy firm Hatsun Agro Products has sought shareholders’ approval to raise up to Rs 500 crore through private placement of securities to institutional investors. The shareholders’ nod has been sought through...
