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...
KWS seeks to buy Bayer’s vegetable business, countering BASF
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...