BASF acquires from its competitor Bayer (both covered by AlphaValue) the seed businesses for canola/oilseed rape, soybean and cotton as well as a non-selective herbicide business for an all-cash purchase price of €5.9bn. Closing is subject to the closing of the Bayer/Monsanto transaction, relevant regulatory approvals and is expected in Q1 18.
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BASF acquires from its competitor Bayer (both covered by AlphaValue) the seed businesses for canola/oilseed rape, soybean and cotton as well as a non-selective herbicide business for an all-cash purchase price of €5.9bn. Closing is subject to the closing of the Bayer/Monsanto transaction, relevant regulatory approvals and is expected in Q1 18.