Frankfurt | Reuters — Germany’s Bayer plans to sell its digital farming business to BASF as part of changes to concessions it has offered to win over antitrust regulators for its proposed takeover of Monsanto . Bayer, which had previously only agreed to grant a licence to competitors, said on Wednesday that as part of […] Read more
Bayer to sell digital farming business to BASF
Bayer wins EU approval for Monsanto buy
Brussels | Reuters — German conglomerate Bayer won EU antitrust approval on Wednesday for its US$62.5 billion buy of U.S. peer Monsanto, the latest in a trio of mega-mergers that will reshape the agrochemicals industry. The tie-up is set to create a company with control of more than a quarter of the world’s seed and […] Read more
German coalition deal sets no timetable to end glyphosate use
Hamburg | Reuters –– Germany’s draft coalition government deal includes a goal of ending use of glyphosate herbicide within the country, but gives no time frame, after Berlin swung a vote in November extending its use across the European Union. The timing of an end to glyphosate use has been highly controversial in Europe amid […] Read more
Bayer offers asset sales for EU approval of Monsanto deal
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
EU regulators reported as set to warn Bayer on Monsanto bid
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
Germany swings EU vote in favour of glyphosate
Brussels | Reuters — Germany defeated its key EU ally France in a very tight vote on Monday to clear the use of glyphosate herbicide for the next five years after a heated debate over whether it causes cancer. After months of indecisive votes among the 28 member states in Brussels, Germany, whose Chancellor Angela […] Read more
EU delays decision on glyphosate
Brussels | Reuters — EU countries failed on Wednesday to vote on a licence extension for glyphosate, delaying again a decision on the widely used herbicide that critics say could cause cancer. The European Commission said in a statement the relevant committee did not hold a vote at a meeting and that it would announce […] Read more
BASF to harvest seeds, herbicide businesses from Bayer
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
EU set to delay vote on glyphosate
Brussels | Reuters — Health experts from European Union countries are expected to discuss whether or not to extend the licence for herbicide glyphosate at a meeting starting on Thursday, but will only vote on the issue later this year. The EU has been debating for two years whether to allow the herbicide, used in […] Read more
France open to phasing out glyphosate
Paris | Reuters — France is open to phasing out common weedkiller glyphosate, the government said on Monday, following complaints from farmers worried about a potential imminent ban. Prime Minister Edouard Philippe reiterated Paris would vote against the European Commission’s proposal to extend for 10 years the licence for glyphosate, which is used in Monsanto’s […] Read more
Cyber-Savvy Farmer
