Main developments between 1 September and 31 December 2010* On 17 November 2010 the European Commission cleared the acquisition of the global sunflower seed business of the US company Monsanto by Syngenta, a Swiss company. The notified transaction combines two leading sunflower seed suppliers in Europe that have significant breeding activities. The decision is conditional upon the divestment of Monsanto‘s sunflower hybrids, commercialized or under official trial in Spain and Hungary, as well as the parental lines used in the creation of these hybrids or currently under development for the creation of hybrids for Spain and Hungary. The in depth investigation confirmed the Commission’s concerns with respect to the commercialization of sunflower seeds in Spain and Hungary, where the
Share on
|
|
The EU Commission conditionally clears the acquisition of the global sunflower seed business of a US company by a Swiss company (Syngenta / Monsanto)
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.
