Agricultural equipment maker AGCO Corp said on Wednesday it would buy Monsanto Co’s farm equipment business for an undisclosed amount. The deal comes after Monsanto, the world’s largest seed company...
Godrej Agrovet files IPO papers with Sebi
Godrej Agrovet Ltd, a seller of animal feed and crop protection solutions, on Wednesday filed draft IPO papers with markets regulator Securities and Exchange Board of India (Sebi). In a press statement, Godrej Agrovet...
Brazil’s Cantagalo agrees to $170 million debt restructuring
Cantagalo General Grains SA (CGG), a Brazilian farming and trading firm, has reached a deal with lenders to restructure some $170 million in debt owed by its trading arm, management told Reuters on Tuesday. Brazilian...
Chinese-owned Syngenta eyes Bayer assets to bolster seeds
Switzerland’s Syngenta, the crop protection company acquired by ChemChina, has vowed to bulk up its seeds business and join the chase for assets rival Bayer must sell to gain regulatory approval for its takeover...
Coca-Cola and partners to invest $ 1.7 bn in Indian agri ecosystem by 2022
The Coca-Cola Company – along with its bottling partners and fruit suppliers and processors in India – will invest $ 1.7 billion in the agri-ecosystem of the country over the next 5 years, spanning the...
Monsanto scraps deal to sell Precision Planting to Deere
Monsanto Co (MON.N) has terminated an agreement to sell its Precision Planting LLC farm equipment business to machinery maker Deere & Co (DE.N), the companies said on Monday, ending a legal fight with antitrust...
Jain Irrigation Systems invests USD 48 million to acquire 80% stake in US’ AVI, IDC
Jain Irrigation SystemsBSE 4.36 % (JISL) today said it has agreed to acquire 80 per cent stake in two entities in the US with an investment of USD 48 million. JISL will acquire the two micro-irrigation companies through...
CCI seeks comments on merger of Agrium and Potash Corporation of Saskatchewan
The Competition Commission of India (CCI) on Wednesday sought public comments on a proposed merger between Canadian agri-firms Agrium Inc and Potash Corporation of Saskatchewan, Inc, for assessing its impact on...
Now, CCI seeks public scrutiny of Agrium-PotashCorp deal
The CCI has put up the proposed merger of Canadian firms, Agrium and PotashCorp, for public scrutiny after finding that the deal could adversely impact competition. This is the second time in less than a week that the...
Punjab Agro joins ecommerce to sell organic wheat, basmati in US, UK
To cater demand for organic products in the US, UK, Canada and other overseas markets, Punjab Agri Export Corporation Ltd. (PAGREXCO) has tied up with e-commerce marketplace TrendyBharat to sell organic wheat, maize...
Agri-tech start-up AgroStar raises $10 million from Accel India, others
Agri-tech start-up AgroStar has raised $10 million in series B round of funding led by Accel India, the company said in a statement on Tuesday. Existing investors IDG Ventures and Aavishkaar also participated in the...
Government plans merger of commodity boards
The Commerce Ministry is planning merger of the commodity boards and set up an umbrella organisation in order to improve production and exports of plantation crops like tea, coffee, and spices. Some of these boards were...
