Bayer Archives - Page 16 of 22 - Canadian Cattlemen

BASF in talks to buy Bayer vegetable seeds arm

Bayer has entered “exclusive talks” toward a deal to sell its global Nunhems vegetable seeds business to German chemical firm BASF, to help clear the aisle for a Bayer/Monsanto marriage. Nunhems, which has a portfolio of about 1,200 seed varieties in over two dozen different vegetable crops worldwide, sells seeds in North America for tomatoes, […] Read more

Crops, Reuters

Bayer petitions Russian antitrust watchdog for more time in Monsanto case

By Ludwig Burger, Polina Devitt February 14, 2018

Frankfurt/Moscow | Reuters — Bayer has taken Russia’s competition regulator to court over the watchdog’s investigation into the company’s planned takeover of Monsanto, a further hiccup in the US$64 billion deal amid intense antitrust scrutiny. A Bayer spokesman said the German company was petitioning the court in Russia to be given more time to discuss […] Read more

Crops, Reuters

Brazilian antitrust agency approves Bayer-Monsanto tie-up

By Bruno Federowski, Leonardo Goy February 7, 2018

Brasilia | Reuters — Brazilian antitrust agency Cade on Wednesday approved Bayer’s proposed takeover of U.S. seeds company Monsanto without requiring further asset sales beyond a global proposal announced last October. Cade’s commissioners voted 4-2 in favour of the tie-up under an agreement, negotiated between the companies and global antitrust agencies, that included the sale […] Read more

Crops, Reuters

Bayer offers asset sales for EU approval of Monsanto deal

By Foo Yun Chee, Ludwig Burger February 5, 2018

Brussels/Frankfurt | Reuters — Bayer has offered to sell seeds and pesticides businesses to try to address EU competition concerns over its US$63.5 billion bid for U.S. rival Monsanto. The proposed remedies “are very significant and we are confident they fully address the European Commission’s concerns,” the German company said in a statement on Monday. […] Read more

Crops, Reuters

EU review of Bayer’s Monsanto bid postponed further

By Foo Yun Chee, Ludwig Burger January 29, 2018

Frankfurt/Brussels | Reuters — Bayer’s quest to win regulatory approval for its planned takeover of Monsanto ran into further delays on Monday as European Union antitrust investigators extended their investigation by five working days until March 12. The ongoing proceedings would have given the German drugs and pesticides maker until midnight on Monday to offer […] Read more

Crops, Reuters

EU regulators reported as set to warn Bayer on Monsanto bid

By Foo Yun Chee December 8, 2017

Brussels | Reuters — EU antitrust regulators are set to warn Bayer its planned purchase of U.S. seed maker Monsanto may hurt competition, a person familiar with the matter said on Friday, a move that would force Bayer to offer concessions to address the concerns. The US$66 billion deal would make Bayer the world’s largest […] Read more

Crops, Reuters

Brazil pushes back decision on Bayer-Monsanto tie-up

By Ana Mano November 22, 2017

Sao Paulo | Reuters — Brazilian antitrust agency Cade on Wednesday extended its deadline to review Bayer’s proposed takeover of Monsanto by 90 days to late March, potentially spoiling plans to wrap up the US$66 billion tie-up by the end of the year. A spokesman said Cade had approved the extension at a session on […] Read more

Crops, Reuters

Bayer sees more antitrust asset sales ahead

By Reuters October 26, 2017

Frankfurt | Reuters — Bayer said it expected antitrust authorities to make the planned acquisition of Monsanto conditional on more asset sales after agreeing to sell seed and herbicide businesses for 5.9 billion euro (C$8.8 billion) to BASF. “By no means did the deal that was signed with BASF constitute the totality of antitrust divestitures… […] Read more

Canola, Crops, Soybeans

BASF’s new Canadian stake to include three plants, 300 staff

By Leeann Minogue October 17, 2017

Among the major players still in the world’s crop protection and seed business, remaining competitive comes at a cost. To be sure, several smaller companies remain in the game — but with marriages now consummated for Dow Chemical and DuPont, and for Syngenta and ChemChina, Bayer’s pending takeover of Monsanto and, now, BASF getting set […] Read more

Crops, Reuters

BASF to harvest seeds, herbicide businesses from Bayer

By Maria Sheahan October 13, 2017

Frankfurt | Reuters — BASF has agreed to buy seed and herbicide businesses from Bayer for 5.9 billion euros (C$8.7 billion) in cash, as Bayer tries to convince competition authorities to approve its planned acquisition of Monsanto. BASF, the world’s third-largest maker of crop chemicals, has so far avoided seed assets and instead pursued research […] Read more

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Tag Archives Bayer

BASF in talks to buy Bayer vegetable seeds arm

Bayer petitions Russian antitrust watchdog for more time in Monsanto case

Brazilian antitrust agency approves Bayer-Monsanto tie-up

Bayer offers asset sales for EU approval of Monsanto deal

EU review of Bayer’s Monsanto bid postponed further

EU regulators reported as set to warn Bayer on Monsanto bid

Brazil pushes back decision on Bayer-Monsanto tie-up

Bayer sees more antitrust asset sales ahead

BASF’s new Canadian stake to include three plants, 300 staff

BASF to harvest seeds, herbicide businesses from Bayer

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