BASF is
paying $7 billion US cash to buy substantial seed and glyphosate assets from
Bayer so Bayer can complete its purchase of Monsanto.
The deal
includes soybean and canola varieties in Canada and some of Bayer/Monsanto’s
plant breeding technologies.
Other seed deals may follow as BASF expands its expertise, said BASF’s
chief executive officer Kurt Bock on a call with investors.
