German pharmaceutical company Bayer said that the assets to be sold include its global glufosinate-ammonium business and related LibertyLink technology for herbicide tolerance, nearly all its field-crop seeds businesses, as well as respective research-and-development capabilities. (MON), adding that it will use the net proceeds from the BASF transaction to partially refinance the purchase of the US agricultural company.
More than 1,800 commercial, R&D, breeding and production personnel are expected to be transferred from Bayer to BASF. "The industry business model is shifting toward chemical and seeds business being sold together".
BASF said the businesses to be purchased from Bayer generated sales of €1.3bn in 2016, with earnings before interest, tax, depreciation and amortisation (EBITDA) of around €385m. Bayer said that it agreed to the deal in light of its planned acquisition of Monsanto Co.
Unsent text is last will says Australian court In a case like this, where his unsent text clearly asked his brother to "keep all that I have", was taken as his legitimate will. Despite the wife's appeal calling the text message "unsent" and "not final", the court ruled on the basis of the text's wording.
Environmentalists and politicians on both sides of the Atlantic fear that the deal, which would create a global seeds and pesticides behemoth with annual revenues of around 23 billion euros and 140,000 employees, would give the combined firm too much power over the food chain.
"At the same time, we are pleased that, in BASF, we have found a strong buyer for our businesses that will continue to serve the needs of growers and offer our employees long-term prospects".
Bayer still hopes to close its Monsanto merger "by early 2018", although the Commission said in August that the deadline for a decision would be pushed back from the previous date of January 22 next year.
Last month, regulators Transport for London (TLF) failed to renew Uber's license and gave the US firm until October 13 to appeal. Uber will challenge the licence decision "with the knowledge that we must also change", he said.
Addressing The Times' deputy political editor Sam Coates, she said: "I called for him to go live on TV on Peston on Sunday". Now, clearly, that makes a no deal deal scenario more likely because. the clock is ticking.
But it is expected to pass the high mark of this campaign, in which 73,587 watched the 2-1 league defeat by Chelsea in August. The FC crew discuss Spurs' persisting struggles at Wembley and the differences playing there instead of White Hart Lane.
The Sheriff's Office says the students went to the football field house to work out around 5:00 a.m. on Wednesday. The students are to be on house arrest until their first court appearance on Monday morning.
Employees Retirement Systems Of Ohio holds 399,291 shares or 0.03% of its portfolio. 84 are held by Fifth Third Comml Bank. M&T Bank Corp's holdings in Marathon Oil were worth $2,286,000 as of its most recent filing with the SEC.
Five months after the release of Baahubali 2, SS Rajamouli has finally opened up on his forthcoming movies. The director has also confirmed that his next movie will be a social drama, but not a mythological movie.
This value (ranging from 0-100%) shows where the stock price closed relative to the price range over the specified period. The Company is focused on developing therapies to treat metabolic diseases, including serious rare and orphan diseases.
Laubscher said the building has not been damaged but is filled with smoke. "I can confirm that we are evacuating the hotel. The 12 Apostles Hotels in Cape Town has been evacuated as a precaution as a fire blazes on the slopes above the hotel.
According to media reports, the traders after the Supreme Court judgement were asking customers to place an order via whatsapp . On October 9, the Supreme Court banned the sale of the firecrackers till November 1 in a bid to reduce the pollution level.
Kubica drove a 2014 FW36 vehicle during his one day test at Silverstone and was said to have been "successful". More testing is scheduled for both Kubica and Di Resta at the Hungaroring, but Williams has not said when.
New Orleans police officer dies in shootout
He is in a local hospital, and will be charged once he is released. "Our worst nightmares have come to be", Landrieu said. A gunman killed a New Orleans police office overnight on Friday morning in eastern New Orleans.
Oppo F3 Lite Launched Sporting 16 MP Selfie Shooter
The Oppo F3 Lite is a new name for the company's earlier launched A57 that was launched in India, back in January at Rs 14,990. Well, Oppo has started sending media invites for the launch event of a new smartphone in Mumbai on November 2 at 12:00 PM.
Federer advances into Shanghai Masters quarters
Nadal saved both break points he faced in the third-round match, in the fourth game of the second set. Juan Martin del Potro advanced by overcoming third-seeded Alexander Zverev 3-6, 7-6 (7-5), 6-4.
24 die of Dengue in 7-8 months in Bengal
The disease had claimed 24 lives since January, she said, rubbishing media reports that said dengue was rampant in the state. She also appealed to the people of the hills and Jangalmahal not to listen to any form of instigation or rumours.
350 cases of braid chopping reported in JK so far
There are so called case solvers in the police department but why are they not asked to nab the culprits in this case. The women protesters took to streets and blocked the roads for several minutes amid chanting anti-government slogans.