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...
Chemical and Fertiliser
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...
BASF in talks to buy Bayer’s vegetable seeds business: sources
German chemicals maker BASF (BASFn.DE) is in talks with drugmaker Bayer (BAYGn.DE) to buy its vegetable seeds business, which is valued at around 1.5 billion euros ($1.85 billion) including debt, two people familiar...
Bayer to win EU approval for $62.5 billion Monsanto deal, say reports
German drug and crop chemicals maker Bayer is set to win conditional European Union antitrust approval for its $62.5 billion bid for world No. 1 seed company Monsanto, two people familiar with the matter said on...
Crystal completes acquisition of Cytec India facility
Crystal Crop Protection said on Monday it has completed the acquisition of speciality chemical manufacturing facility of Cytec India, a unit of Belgian chemical major Solvay SA. The facility is located on around 10...
Yara to focus on integration, improvement rather than M&A – CEO
Norwegian fertiliser-maker Yara International is focusing on integrating recent acquisitions in India and Brazil, rather than doing more deals, Chief Executive Svein Tore Holsether told Reuters on Thursday. “Our focus...
Brazilian antitrust agency approves Bayer-Monsanto tie-up
Brazilian antitrust agency Cade on Wednesday approved Bayer AG’s proposed takeover of U.S. seeds company Monsanto Co without requiring further asset sales beyond a global proposal announced last October. Cade’s...
Crystal Crop Protection to buy Solvay’s specialty chemical unit
Crystal Crop Protection, backed by South Asia-focused private equity fund Everstone Capital, has agreed to acquire the specialty chemical manufacturing business of the world’s largest chemicals firm, SolvayBSE 0...
Mahindra forays into sprayers biz by acquiring stake in MITRA
Mahindra & Mahindra (M&M) today said it has forayed into the sprayers business by acquiring 26 percent stake in Maharashtra-based Agri tech firm MITRA. Under the transaction, which is expected to close by next...
EU review of Bayer’s Monsanto bid postponed further
Bayer’s (BAYGn.DE) quest to win regulatory approval for its planned takeover of Monsanto (MON.N) ran into further delays on Monday as European Union antitrust investigators extended their investigation by five working...
Bayer confident of Monsanto acquisition
German chemicals giant BayerBSE -2.12 % is confident of its acquisition of US-based MonsantoBSE -1.47 %, as it awaits approval from the Competition Commission of India (CCI) to go ahead with the $66 billion merger, a...
