Articles tagged under: Monsanto
Bayer-Monsanto Deal Receives U.S. Antitrust Approval
Published May 29, 2018
The U.S. Justice Department has given its thumbs’ up for the Bayer-Monsanto deal. The antitrust regulators are demanding the two companies spin off $9 billion in assets, the largest sale of corporate assets ever required by the Justice Department. This…Bayer AG Updates Crop Science Leadership
Published May 7, 2018
As Monsanto shares updates on changes to their Executive Leadership Team, Bayer also announces their new Executive Leadership Team for the Crop Science Division. President of Bayer’s Crop Science Division, Liam Condon, will lead the new Executive Leadership Team. Monsanto’s…Changes for Monsanto Executive Team
Published May 7, 2018
Monsanto Chairman and CEO Hugh Grant will be leaving Monsanto when Bayer AG acquires the company. In a statement, Grant says he’s made the decision to pursue new opportunities following the closing of the transaction. However, the statement doesn’t clarify…Bayer Sells a Portion of Lineup to BASF
Published April 27, 2018
Bayer has signed an agreement to sell a portion of its assets to BASF for $2.1 billion. This package includes certain seed treatment products, the digital farming platform and its global seed business. This deal was necessary to gain regulatory…Spray System Cleaner Designed to Handle Dicamba
Published April 24, 2018
Monsanto is collaborating with Adjuvants Unlimited LLC to develop the first-ever agricultural sprayer system cleaner designed to deactivate dicamba. This technology will be brought to market for this growing season and will be used within the rinse and cleanout process.California Court Rules on Glyphosate
Published April 24, 2018
A California Appeals Court has affirmed that Monsanto’s glyphosate pesticide can be listed under Proposition 65. The proposition requires notification and labeling of all chemicals known to cause cancer or reproductive harm. Prop 65 also prohibits discharge into drinking waters…Arkansas Dicamba Battle Continues
Published April 23, 2018
Nearly 200 farmers have obtained temporary restraining orders against the Arkansas in-season ban on dicamba use. A spokesperson for the attorney general’s office says those farmers are free to use dicamba while the orders are in place. The Arkansas State…Russia Approves Bayer Acquisition of Monsanto
Published April 23, 2018
A Dow Jones report says Russia has given conditional approval of Bayer’s $57 billion acquisition of Monsanto. Under the approval terms, Bayer agreed to transfer molecular breeding assets in several crops for a period of five years. The company didn’t…Monsanto Q2 Net Profits Strong
Published April 5, 2018
Monsanto is reporting second quarter net profits of $1.4 billion. That’s an increase from $1.3 billion last year. Net sales totaled $5 billion, down slightly from one year ago. Monsanto’s purchase by Bayer is expected to be finalized later this…