glyphosate

Glyphosate Lawsuits Numbers Climbing

Dan Environment, Industry News Release

Bayer AG says the number of lawsuits against glyphosate is rising, adding to concerns about potentially lengthy and costly litigation. Bayer, which recently completed its acquisition of Monsanto, lowered its full-year earnings outlook stemming from delays in closing the deal. Bayer is now integrating the maker of Roundup, which contains glyphosate, into its company. The California lawsuit which set a …

monsanto

Bayer/Monsanto Merger Clears All Hurdles

Dan Industry News Release, Seeds

It has taken months of divesting, negotiating and waiting, but Bayer and Monsanto will complete their merger. An agweb.com article notes German-based Bayer can now officially begin integrating Monsanto after Bayer divested itself of certain Crop Science businesses in a sale to BASF. The name Monsanto is expected to officially disappear in the future. However, familiar brand names like Dekalb, …

basf

BASF Closes Acquisition of Bayer’s Vegetable Seeds Business

Dan Industry News Release, Seeds

BASF announced this week it has closed the acquisition of Bayer’s global vegetable seeds business. The transaction, BASF says in a news release, “adds a well-recognized brand with a very successful business track record to BASF’s portfolio.” The acquired vegetable seeds business comprises 24 crops and about 2,600 varieties. It also includes a research and development operation, and breeding systems …

environmental

Bayer Takes Market Hit from Glyphosate Ruling

Dan Environment, Industry News Release

The first day of trading following a jury ruling against Monsanto pushed shares of Bayer down 12 percent. Monsanto, recently acquired by Bayer, was ordered to pay $289 million as part of a lawsuit alleging glyphosate causes cancer. While Bayer says the verdict is “at odds with the weight of scientific evidence,” the ruling by a California Jury claimed glyphosate, …

basf

BASF Closes Acquisition of Businesses and Assets from Bayer

Dan Industry News Release, Seeds

BASF has closed the acquisition of a range of businesses and assets from Bayer. The transaction, the company says, is a “strategic complement” to BASF’s crop protection, biotech and digital farming activities and marks its entry into seeds, non-selective herbicides and nematicide seed treatments. A spokesperson for BASF says the move “adds excellent assets” to the BASF portfolio. BASF signed …

first

First Monsanto Cancer Trial Begins

Dan Industry News Release

A trial is underway this week in California as witnesses will begin to testify in the first case alleging that Monsanto’s Roundup weed killer causes cancer. Politico says Lee Johnson, a groundskeeper for a California school district, alleges that years of spraying hundreds of gallons of the product caused him to develop non-Hodgkin’s lymphoma, a form of cancer. Opening statements …

bayer

Bayer Closes Monsanto Acquisition

Dan Industry News Release, Seeds

It was announced in a release that Bayer had successfully completed the acquisition of Monsanto, but no branding changes will take place just yet. Monsanto will operate independently from Bayer for an interim period while Bayer completes the sale of some of its businesses to BASF. According to the conditional approval from the U.S. Department of Justice, the integration of Monsanto …

monsanto

Bayer-Monsanto Deal to Close This Week

Dan Industry News Release

Bayer announced it will complete its acquisition of Monsanto on June 7. The closure of the acquisition will follow the receipt of all required approvals from regulatory authorities, according to a company news release. The closure comes two years after Bayer announced the intention to acquire Monsanto. As part of the $63 billion agreement, Bayer will remain the company name, …

monsanto

Canada Approves Bayer Acquisition of Monsanto, with Conditions

Dan Industry News Release, Seeds

The Canadian Competition Bureau has officially approved Bayer’s acquisition of Monsanto, with some conditions. The agreement addresses the Bureau’s concerns that the acquisition would have significantly harmed competition and innovation in Canada’s agricultural sector. Following a review of the sale, the Bureau concluded that the merger would substantially lessen and prevent competition in Canada with respect to the supply of …