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(BASF.com)
Crops

Monsanto reported exploring BASF ag unit buy

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Reuters — Seed company Monsanto, which rejected Bayer’s buyout offer in May, is exploring various transactions, including the acquisition of BASF’s agriculture-solutions unit, news service Bloomberg reported. In return, BASF would likely receive newly issued shares in Monsanto, Bloomberg said, citing people familiar with the matter. The discussions are at an early stage, and no
(BASF.com)
Crops

BASF says not backed into corner by Bayer’s Monsanto swoop

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Ludwigshafen, Germany | Reuters — BASF, which has so far kept out of a consolidation push among global seeds and pesticides groups, said its business model was not affected by rival Bayer’s plans to buy Monsanto. “We are not backed into a corner by what is happening in the market,” the group’s deputy chief executive
(Bayer.com)
Crops

Bayer offers to buy Monsanto in global ag chem shakeout

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Reuters — German drugs and chemicals group Bayer AG made an unsolicited takeover offer for U.S. seeds company Monsanto, aiming to create the world’s biggest agricultural supplier and integrate pesticides and seeds markets. Monsanto disclosed the approach on Wednesday before Bayer confirmed its move, though neither gave the proposed terms. Sources said Bayer would pay
(Peggy Greb photo courtesy ARS/USDA)
Crops

France set to ban dimethoate-treated cherries

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Paris | Reuters — France will stop importing cherries from countries that use insecticide dimethoate after banning the chemical due to concerns over consumer health risks, the French agriculture ministry said. At a meeting of European Union country representatives on Friday, Italy and Spain said they would also withdraw dimethoate from their markets, but France
(BASF.com)
Crops

BASF to cut half the jobs in plant biotech unit

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Leverkusen, Germany | Reuters –– BASF, the world’s largest chemicals group by sales, will cut half of the 700 jobs at its plant biotechnology business, slashing some early development projects in yield improvement and stress tolerance and all of its rice yield and corn fungal resistance projects. BASF’s plant biotechnology unit is developing improved plant
DuPont’s headquarters in Delaware. (DuPont.com)
Crops, Markets

Dow, DuPont to merge in deal to create chem giant

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Reuters — Chemical giants DuPont and Dow Chemical agreed to merge in an all-stock deal valuing the combined company at US$130 billion in a win for activist investors that could spark further consolidation in the farm chemicals industry. The deal to combine two of the biggest and oldest U.S. chemical producers is a prelude to
Crops, Local news

BASF Kids’ Lab at two schools in Manitoba

Grades 4 to 6 program demonstrates the importance of soil

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BASF Canada has partnered with Earth Rangers to deliver a series of hands-on chemistry workshops developed by BASF for students in Grades 4 through 6 in rural schools across Canada. In Manitoba, the workshops will be delivered in Portage and Brandon. Earth Rangers, The Kids’ Conservation Organization, teaches children about biodiversity and the importance of
(MonsantoStore.corpmerchandise.com)
Crops, Markets

Monsanto, rivals eye next step after Syngenta deal collapse

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Chicago | Reuters –– Monsanto, having ditched an audacious US$46 billion offer for Syngenta, may downshift to a humbler strategy of beefing up its crop protection portfolio through other acquisitions, partnerships and licensing agreements. The deal’s collapse leaves Monsanto, Syngenta and other agrochemical sector companies facing a bleak landscape of plummeting grain prices and farm
(Photo courtesy BASF SE)
Crops, Markets

Sources say BASF mulling potential bid for Syngenta

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Reuters — German chemicals group BASF is considering a potential offer for Syngenta, its Swiss rival which has received a C$56 billion takeover offer from Monsanto, people familiar with the matter said on Wednesday. BASF is speaking to investment bankers about the possibility of an offer for Syngenta, though it has made no decision and
(Syngenta.com)
Crops, Markets

Monsanto’s Syngenta gambit seen hinging on sale of seed businesses

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London/Frankfurt | Reuters –– U.S. seeds giant Monsanto is trying to line up buyers for assets worth up to US$8 billion to appease competition authorities before making a fresh takeover approach for Swiss rival Syngenta, possibly within three weeks, industry sources said. Monsanto is expected to tap German chemicals group BASF, an existing joint venture

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