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(Photo courtesy BASF SE)
Crops, Reuters

BASF ready to snatch seed bargains as rivals sell assets

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Ludwigshafen, Germany | Reuters — BASF will consider buying seed assets that rivals are putting on the block to win antitrust approval for tie-ups, saying bargain prices could persuade BASF to overcome its traditional reluctance to expand into the seeds industry. Sources familiar with BASF’s thinking have said that competition regulators looking at potential buyers […] Read more
DuPont’s Canadian head office in Mississauga. (Dupont.com)
Crops

Dow, DuPont to shed Canadian assets for merger approval

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Competition for the Prairie farmer’s crop protection dollar will survive following the planned merger of chemical giants Dow and DuPont, by way of a handful of asset sales, Canada’s Competition Bureau has ruled. The federal antitrust watchdog on Tuesday announced it has an agreement with DuPont and Dow Chemical to head off what would otherwise […] Read more
DuPont’s headquarters in Delaware. (DuPont.com)
Crops, Reuters

Mexico gives conditional approval to Dow, DuPont merger

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Mexico City | Reuters — Mexico’s antitrust watchdog said Tuesday it has given approval to DuPont and Dow Chemical to merge on the condition that they sell certain crop protection products and other assets. The asset sales required by Mexico’s Federal Economic Competition Commission (Cofece) is similar to what U.S. antitrust enforcers asked of the […] Read more
(Dow.com)
Crops, Reuters

Dow, DuPont merger wins U.S. antitrust approval

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Reuters — DuPont and Dow Chemical have won U.S. antitrust approval to merge on condition that the companies sell certain crop protection products and other assets, according to a court filing on Thursday. The asset sales required by U.S. antitrust enforcers were similar to what the companies had agreed to give up in a deal […] Read more
(CaseIH.com)
Crops, Reuters

Crop chemical maker FMC aims for growth after DuPont deal

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Reuters — Pesticide seller FMC Corp. will aim for its industry’s fastest revenue growth with the help of assets acquired from rival DuPont, even as farm markets struggle to recover, CEO Pierre Brondeau said on Monday. Philadelphia-based FMC will focus on increasing sales of crop chemicals developed internally, and avoid big acquisitions for a few […] Read more
(BASF.com)
Crops, Reuters

BASF still out for ag chem deals

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Frankfurt | Reuters –– German chemicals giant BASF said it would continue to push for acquisitions to shore up its crop protection business, after the antitrust-related sale of assets from the merger of Dow Chemical and DuPont left it empty-handed. “We are generally interested in strengthening our business further, acquisitions are part of that, that […] Read more
DuPont’s headquarters in Delaware. (DuPont.com)
Corn, Reuters, Soybeans

DuPont profit beats on strong seed demand

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Reuters – Chemicals and seeds producer DuPont , which is merging with Dow Chemical Co, reported a better-than-expected profit for the seventh straight quarter, helped by a rise in seed sales, sending its share up 3.5 percent. DuPont, which is merging with Dow Chemical Co, continues to expect to close its merger in August, Chief […] Read more

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