BASF is paying about $2.65 billion to buy more assets from Bayer, including seed treatments Poncho, LLeVO, VOTIVO and CoPeO.
In October it bought Bayer’s LibertyLink technology package.
In this deal, it also gets Bayer’s Nunhems global vegetable seeds business, its Xarvio digital farming platform, its hybrid wheat research and development program, its canola-quality juncea research, some non-selective herbicide and nematicide research, its oilseed rape business in Australia and some glyphosate-based herbicides used mainly for industrial applications in Europe.
Bayer had to sell some of these assets to win approval for its takeover of Monsanto.
