U.S./Germany: BASF to buy seed technology company for $1.02 bln USD

By CPI | September 21, 2012

German chemicals giant BASF is acquiring U.S. seed technology company Becker Underwood for 785 million euros ($1.02 billion USD). BASF, said the deal is expected to close at the end of the year and is subject to approval from antitrust authorities. Once approved, the majority of Becker Underwood’s business will be integrated into BASF’s Crop Protection division.