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Monsanto to buy world's biggest produce-seed company.

Publication: The Food Institute Report
Publication Date: 31-JAN-05
Format: Online - approximately 177 words
Delivery: Immediate Online Access
Full Article Title: Monsanto to buy world's biggest produce-seed company.(Brief Article)

Article Excerpt
St. Louis-based Monsanto Co. has agreed to acquire Seminis Inc., the world's biggest produce-seed company, for about $1 billion in cash. The deal includes debt assumption that brings the total value to $1.4 billion.

Monsanto intends to maintain Oxnard, CA-based Seminis' current focus on developing products through advanced breeding...

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