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2007-02-08 | permalink
Monsanto merger raises concerns about antitrust issues
A pair of biotech agribusinesses wants to go head to head with Monsanto Co. in creating a better cotton seed, but they may never get there. At issue is Monsanto"s proposed $1.5 billion purchase of Delta & Pine Land Co. Swiss firm Syngenta AG and Pioneer Hi-Bred International Inc., a DuPont company, had planned to partner with Delta, combining their genetic traits with D&PL"s seed. The Monsanto deal is pending an antitrust review by the Justice Department. If it goes through, Syngenta and Pioneer will have to turn to rival Monsanto as their cotton seed partner.
- St. Louis Post-Dispatch, USA: Deal raises concerns about antitrust issues
- Yahoo! Finance: Monsanto merger hurts D&PL profits
- Devgen, Belgium: Devgen and Monsanto Company announce research and technology agreements
- Checkbiotech, Switzerland: Embrapa forms new partnership with Monsanto
- Forbes, USA: Monsanto seeks approval of new seed
Overview
News
2007-02-08 | permalink
Monsanto merger raises concerns about antitrust issues
A pair of biotech agribusinesses wants to go head to head with Monsanto Co. in creating a better cotton seed, but they may never get there. At issue is Monsanto"s proposed $1.5 billion purchase of Delta & Pine Land Co. Swiss firm Syngenta AG and Pioneer Hi-Bred International Inc., a DuPont company, had planned to partner with Delta, combining their genetic traits with D&PL"s seed. The Monsanto deal is pending an antitrust review by the Justice Department. If it goes through, Syngenta and Pioneer will have to turn to rival Monsanto as their cotton seed partner.
- St. Louis Post-Dispatch, USA: Deal raises concerns about antitrust issues
- Yahoo! Finance: Monsanto merger hurts D&PL profits
- Devgen, Belgium: Devgen and Monsanto Company announce research and technology agreements
- Checkbiotech, Switzerland: Embrapa forms new partnership with Monsanto
- Forbes, USA: Monsanto seeks approval of new seed
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