BASF shelling out $7bln for Bayer's seed business

ReutersNewsPublished: October 13, 2017Updated: October 14, 2017
Published: October 13, 2017Updated: October 14, 2017

BASF has agreed to buy parts of Bayer's seed and herbicide businesses for 5.9 billion euros in cash. As Kate King reports, the deal could signal a shift in direction for both companies as Bayer seeks approval for its $66 bln takeover of Monsanto.

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