A PYMNTS Company

Argentina: Bayer sows more seeds in South America

By  |  December 5, 2013

German chemical conglomerate Bayer announced plans for its unit Bayer CropScience to acquire Argentina-based soybean firm FNSemillas, according to a press release. The acquisition marks Bayer’s first entry into the nation’s market.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Financial details of the transaction were not disclosed by the parties, though they did confirm the buyout remains subject to regulatory approval within Argentina.

    This marks the latest expansion for Bayer’s crop business in South America; in the last three years, the company has acquired soybean businesses within Brazil.

    Full Content: 4-Traders

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.