Glyphosate — commonly known as Roundup — suffered a blow in the court of public opinion following a California jury decision last week, but the actual legal implications of the verdict are still to be determined in court. The jury found Monsanto liable in a case where former school groundskeeper Dewayne Johnson alleges exposure to… Read more »
Tag: Bayer
Xarvio launches weed identification app
What if you could just point your phone at a weed and the phone would tell you what you were looking at? At one time it was a huge breakthrough to be able to take a picture of a weed and send a text message to an agronomist. It still is in fact, but sometimes… Read more »
BASF closes deal for LibertyLink canola and other assets from Bayer
BASF employees can officially get to work on the company’s newly-acquired business from Bayer. The company announced Wednesday that it has closed its acquisition of assets from Bayer, which competition regulators required Bayer sell to gain approval of its purchase of Monsanto that closed in early July. The 7.6 billion euro (C$11.5 billion at today’s… Read more »
BASF to sell Clearfield canola system as a condition for acquiring LibertyLink
The ripple effect from Bayer’s acquisition of Monsanto continues in the canola seed business. Canada’s Competition Bureau says it has approved BASF’s purchase of Bayer’s LibertyLink canola system on the condition that BASF sell its own Clearfield production system for canola. “The Commissioner of Competition concluded that BASF’s acquisition of the Bayer assets would likely… Read more »
Bayer closes acquisition of Monsanto
It’s a done deal. Monsanto shares are no longer trading on the New York Stock Exchange, as Bayer completed its US$63 billion acquisition of Monsanto on Thursday. The actual integration of Monsanto into Bayer — and the coinciding retirement of the Monsanto name — won’t happen immediately, as approval from the U.S. Department of Justice… Read more »
Poll: Is it positive for the GMO debate for Bayer to retire the name Monsanto?
The name Monsanto is headed for retirement. Bayer has confirmed it will no longer use the name after it closes its US$63 billion acquisition of Monsanto. Monsanto has been the target of anti-GMO activists for years, serving as a corporate lightning rod for critics of genetic modification and crop protection technology in general. Whether referenced… Read more »
Monsanto name to become part of history, with acquisition by Bayer set to close on Thursday
One of the most well-known and controversial brands in the world will soon become part of history. Bayer has confirmed it plans to complete its acquisition of Monsanto on June 7, after receiving all the required regulatory approvals. Monsanto products will retain their brand names under Bayer’s portfolio, but the name “Monsanto” will be retired…. Read more »
Bayer-Monsanto deal receives green light from Canada’s Competition Bureau
Canada’s competition regulator says it has reached an agreement with Bayer that lays out the conditions for its proposed acquisition of Monsanto. The announcement comes a day after the U.S. Department of Justice gave its conditional approval to the US$66 billion deal. The Competition Bureau concluded that the deal “would likely substantially lessen and prevent… Read more »
Do More Ag Foundation receives $20,000 from Bayer CropScience
Bayer has announced a $20,000 contribution to The Do More Agriculture Foundation — a not-for-profit organization launched this past winter to raise awareness and promote mental well-being among farmers in Canada. “We believe that through this partnership we can help increase awareness of mental health issues and break the stigma that currently exists in the… Read more »
Canadian Competition Bureau still reviewing Bayer-Monsanto deal
With the European Union granting its conditional approval in late March, and U.S. antitrust authorities reportedly set to give their thumbs-up signal, Canada’s competition regulator has yet to issue its decision on Bayer’s proposed acquisition of Monsanto. The US$66 billion deal, which was originally announced in September 2016, has significant implications in the Canadian market,… Read more »
Bayer planning to sell digital farming business to BASF
Bayer has confirmed it will be selling its digital farming business to gain approval of its acquisition of Monsanto instead of licensing the digital assets out to a competing company. In gaining regulatory approval of the deal in Europe, Bayer had agreed to license its digital farming package to BASF. However, in a statement shared… Read more »
Bayer gains EU approval to acquire Monsanto
Bayer has checked off one of the final boxes on the list of approvals needed for its acquisition of Monsanto, as the European Commission granted conditional approval of the $66 billion deal on Wednesday. “We have approved Bayer’s plans to take over Monsanto because the parties’ remedies, worth well over €6 billion, meet our competition… Read more »
TechTour: A quantum leap in weed control
Bayer and Bosch are working together on a three-year research collaboration to develop a precise spraying technology that will minimize herbicide use, while also mitigating against resistance development. The technology, called Smart Spraying, will see camera sensors identifying weeds, and precise herbicide application targeting them on a single pass, within a fraction of a second. According… Read more »
What does BASF’s acquisition of Liberty and InVigor business mean for Canada?
It’s the spinoff that many people in the North American ag market have been waiting for. In Bayer’s conquest of Monsanto, the concentration of trait and variety market share in crops like cotton and canola was deemed to be unfair for a competitive balance. Given Bayer’s strong presence in the Canadian canola seed market, the… Read more »
Bayer signs C$8.7 billion deal to sell LibertyLink and seed businesses to BASF
Bayer has signed an agreement to divest some of its crop business to BASF for €5.9 billion (approximately C$8.7 billion) to gain regulatory approval for Bayer’s planned acquisition of Monsanto. The transaction with BASF includes Bayer’s global glufosinate-ammonium business and the related LibertyLink herbicide tolerance technology. BASF is also marking its entry into the seed… Read more »