Severe Weather Alerts

Bayer Seeds Bought, Monsanto Integration Begins

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

BASF says it has closed the buyout of Bayer's global vegetable seed business for an all-cash purchase price of $8.7 billion.

The purchased business has 24 crops, 2,600 varieties, 100 breeding programs, and research and development operations.

BASF released a statement saying it adds a well-recognized brand to its portfolio.

Closing on the deal allows Bayer to begin integrating Monsanto.

Bayer took ownership of Monsanto in June, but the companies had to stay separate until conditions were met. The $63 billion deal hinged on Bayer divesting assets for regulatory approval.

 

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.