China has a standard road map for fixing state-owned giants that have gone off the rails: Create an even more inflated behemoth through a mega-merger, in the hope that the stronger business will be able to prop up the...
Crystal Crop acquires 4 brands from FMC, to widen portfolio
Crystal Crop Protection Ltd, a specialty chemicals company focused on crop protection, on Monday said it has acquired four brands from American chemicals major FMC Corp., marking the company’s third inorganic growth...
UPL makes largest foreign buyout, snaps up Arysta Life Science for $4.2 bn in all-cash deal
In one of the largest overseas deals by India Inc in recent years, chemicals producer UPL (formerly United Phosphates) today teamed up with Abu Dhabi Investment Authority and TPG to snap up Florida-based Arysta Life...
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...
U.S. senators seek review of Marfrig’s deal to buy National Beef
Four U.S. senators asked a national security panel on Tuesday to review whether Marfrig Global Foods SA’s (MRFG3.SA) planned $969 million acquisition of Missouri-based National Beef Packing Co [NBEEF.UL] threatens 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...
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...
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...
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...
Australia’s Nufarm to buy European crop protection portfolio for $490 milliom
Agricultural chemicals maker Nufarm Ltd (NUF.AX) said it would buy a range of European crop protection product lines for $490 million to strengthen its position in Europe where it generates its highest crop protection...
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...