The merged Bayer-Monsanto entity in India will need to give non-exclusive licensing of its genetically modified (GM) and non-GM traits, currently commercialised in India or to be introduced in the near future on a fair...
Chemical and Fertiliser
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...
Bayer to complete acquisition of Monsanto on June 7
German chemical and pharma major BayerNSE -0.43 % AG today said it will complete the multi-billion dollar acquisition of US-based biotech major MonsantoNSE -0.31 % on June 7, following all regulatory approvals. In...
Bain-Piramal fund invests Rs800 crore in Archean Chemical
India Resurgent Fund (IRF), a joint venture between Bain Capital Credit and Piramal Enterprises, has invested about Rs800 crore in Chennai-headquartered Archean Chemical Industries Ltd in a structured credit...
Bayer to raise $30 billion in share, bond sales for Monsanto
Bayer AG is planning to raise €6 billion ($7 billion) in a rights offering and €20 billion from bond sales to help fund its $66 billion purchase of Monsanto Corp., an acquisition that received the blessing of US...
Tata Chemicals exits fertiliser biz; completes sale of Haldia unit
Tata ChemicalsNSE -0.82 % today said it has completed the sale of its Haldia fertiliser unit in West Bengal and the trading business to Netherlands-based Indorama Holdings BV for Rs 872.84 crore. In a regulatory filing...
Bayer gets nod to buy Monsanto for $66 bn, form largest agrochemical firm
Bayer AG won US antitrust approval for its $66 billion takeover of Monsanto Co., clearing the last major regulatory hurdle to forming the world’s biggest seed and agricultural-chemicals provider after a nearly two-year...
CCI approves $66 bn Bayer-Monsanto merger, but with host of riders
The Competition Commission of India (CCI) has approved the mega merger of Bayer AG with Monsanto, albeit with certain conditions. CCI’s approval of the $66 billion deal, proposed in September 2016, will make the...
Bayer reaches deal with U.S. for approval to buy Monsanto – WSJ
The U.S. Justice Department will allow German drugs and pesticides group Bayer AG (BAYGn.DE) to acquire Monsanto Co (MON.N) in a $62.5 billion deal, after the companies agreed to sell more assets to win antitrust...
Tata Chemicals to acquire Allied Silica for Rs 123 crore
Tata ChemicalsNSE -0.07 % today said it has signed a pact with Allied Silica Limited to acquire its precipitated silica business for Rs 123 crore on a slump sale basis. The deal is expected to be closed within three...
Bayer clears EU hurdle for $62.5-bn takeover of Monsanto with BASF sale
German conglomerate Bayer won EU antitrust approval on Wednesday for it’s $62.5 billion buys of US peer Monsanto, the last of a trio of mega-mergers that will reshape the agrochemicals industry. The tie-up is set...
Bayer faces U.S. antitrust hurdles for Monsanto merger: Bloomberg
Bayer AG’s plan to win antitrust approval to buy U.S. seeds supplier Monsanto Co has not satisfied U.S. officials, who are worried the $62.5 billion merger could hurt competition, Bloomberg reported on Thursday. Shares...
