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2007-06-21 | permalink
Monsanto sells units for USD 317M
Monsanto Co. said Tuesday that it completed its divestitures of the Stoneville Pedigreed Seed Co. and NexGen businesses, which now allows Monsanto to combine the Delta and Pine Land business with its existing operations and policies. Monsanto completed its $1.5 billion acquisition of Delta and Pine Land earlier this month. The deal received conditional approval in May from the U.S. Department of Justice (DOJ), which called for Monsanto to divest certain assets, including its Memphis-based Stoneville Pedigreed Seed Co. and its NexGen cotton seed brand.
- St. Louis Business Journal, USA: Monsanto sells units for $317M
- Monsanto, USA: Monsanto Company completes divestiture of Stoneville and NexGen businesses, begins combining Delta and Pine Land business
- Bayer CropScience, Germany: Bayer CropScience completes acquisition of US cotton seed company Stoneville
- NutraIngredients, France: Monsanto divests US cottonseed businesses
Overview
News
2007-06-21 | permalink
Monsanto sells units for USD 317M
Monsanto Co. said Tuesday that it completed its divestitures of the Stoneville Pedigreed Seed Co. and NexGen businesses, which now allows Monsanto to combine the Delta and Pine Land business with its existing operations and policies. Monsanto completed its $1.5 billion acquisition of Delta and Pine Land earlier this month. The deal received conditional approval in May from the U.S. Department of Justice (DOJ), which called for Monsanto to divest certain assets, including its Memphis-based Stoneville Pedigreed Seed Co. and its NexGen cotton seed brand.
- St. Louis Business Journal, USA: Monsanto sells units for $317M
- Monsanto, USA: Monsanto Company completes divestiture of Stoneville and NexGen businesses, begins combining Delta and Pine Land business
- Bayer CropScience, Germany: Bayer CropScience completes acquisition of US cotton seed company Stoneville
- NutraIngredients, France: Monsanto divests US cottonseed businesses
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