BASF

BASF in Exclusive Talks with Bayer to Acquire Vegetable Seeds Business

BASF (No. 25 on the DiversityInc Top 50 Companies list) is in exclusive talks to acquire Bayer’s entire vegetable seeds business, operating under the global trademark Nunhems. Bayer (a DiversityInc Noteworthy Company) intends to divest this business in the context of its planned acquisition of Monsanto. Definitive agreements have not been concluded. With this transaction, BASF targets to enhance its future seed platform and the market position of its Agricultural Solutions business.


On October 13, 2017, BASF signed an agreement to acquire significant parts of Bayer’s seed and non-selective herbicide businesses. The all-cash purchase price is 5.9 billion, subject to certain adjustments at closing. The assets to be acquired include Bayer’s global glufosinate-ammonium non-selective herbicide business as well as its seed businesses for key row crops in select markets: canola hybrids in North America under the InVigor brand using the LibertyLinktrait technology, oilseed rape mainly in European markets, cotton in the Americas and Europe as well as soybean in the Americas.

The transaction also includes Bayer’s trait research and breeding capabilities for these crops and the LibertyLinktrait and trademark. This acquisition complements BASF’s crop protection business and marks its entry into the seed business with proprietary assets in key agricultural markets.

Learn about career opportunities at BASF

Latest News

anitab.org, adp, women, grace hopper

ADP Recognized for “World’s Most Admired Companies” List for 14th Consecutive Year

Originally posted on ADP.com ADP Recognized on FORTUNE Magazine’s 2020 “World’s Most Admired Companies” List for 14th Consecutive Year ADP, a leading global technology company providing human capital management (HCM) solutions, has been named by FORTUNE® magazine as one of the “World’s Most Admired Companies” in 2020.  This marks the 14th…

Dow named 2020 Best Place to Work for LGBTQ+ Equality

Originally posted on Dow.com and LinkedIn Dow named 2020 Best Place to Work for LGBTQ+ Equality by Human Rights Campaign Foundation Recognition marks Dow’s 15th consecutive year receiving a perfect score on the Foundation’s Corporate Equality Index In recognition of its inclusive workplace, Dow has been named by the Human Rights…

Abbott Earns Workplace Diversity Honor

Originally posted on Abbott.com and LinkedIn Employee survey results rank Abbott among the 100 top U.S. employers for creating inclusive work cultures. Diversity is ingrained in who we are at Abbott. It’s how we innovate and how we collaborate. It’s how we think and how we are. It’s how we…

Cigna

Despite Drops in Insurance Coverage in the US, Companies Are Stepping Up

In 2018, 27.5 million people (8.5% of the U.S. population) did not have health insurance. That’s the highest number of uninsured Americans since 2009, according to a report from the US Census Bureau. Despite a strong economy, increasingly more Americans have no coverage. The dip is driven mostly by fewer people qualifying for Medicaid. People of color are particularly affected…