Bayer sells the part of its business

Bayer sells the part of its business

29.11.2016 News

Bayer AG  is going to sell the part of its business  in biotechnologies and productions of cotton  spheres. It is concerned the Crop Science  subsidiary Company. According to Liman Kondon, the company chairman, this industry sphere is money-making.  There is no reason in  finding buyers  to Buyer.

The decision was concluded by a pressure of the Anti-Monopoly authorities.  For the time being, they are conducting the agreement between the German Corporation and Monsanto Company. Cooperation agreement which was signed some days ago is estimated at 66 billion dollars.  With the purpose of the close transaction to the end of a year, Buyer has produced bonds in the amount of 4 milliard euros. The next step is separate details coordination with monitoring authorities.

Bayer AG shareholders are not ready  to estimate the previous cost of Crop Science Company at the moment. The main company  invests  in this business development about 10% of its income every year. It is more than 850 million euros. The Bayer Crop Science  posses the third place in the agricultural sphere.

Read alsoBayer to invest $ 300 million in the creation of new businesses

Other articles

  • globallogic hexacta
    News

    GlobalLogic Acquires Hexacta, an Innovative Digital Engineering Firm in Latin America

    Company Continues Strategic Expansion Adding New Service Capabilities, Talent, and Broadening Nearshore Footprint SAN JOSE, Calif.—January 5, 2023— GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic’s continued strategy to expand its offerings, and its […]

  • globallogic healthtech 1
    News

    GlobalLogic engineers help create nearly 10% of the global medical device market

    Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]

  • 2779913
    News

    Twitter працює над відновленням відеосервісу Vine

    Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]

  • picturepicture 156446930057951110266878 96171
    News

    CREDIT AGRICOLE TOPS THE SOCIAL RESPONSIBILITY RATING AMONG BANKS ACCORDING TO STANDARD-RATING

    Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]

  • impact automotive
    News

    How Ukrainian developers make impact on road safety

    From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]

  • 750x450 press release image ua
    News

    Intellias completes acquisition of Digitally Inspired, strengthening expertise in the Retail and eСommerce industry

    Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]

  • shutterstock 1920327596
    News

    3×4, a recently-founded Ukrainian Web3 fundraising platform, launches its first campaign

    3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]

  • 632595f853279441907151 730x410
    News

    The September, 29 will take place the international investment forum REBUILDING UKRAINE WITH THE PRIVATE SECTOR: International Investment Fair

    In order to present existing opportunities and draw attention of the international business community, UkraineInvest organizes an international forum with the participation of leading business representatives and expert environment of Ukraine and the world. The need to rebuild Ukraine creates a variety of attractive investment projects aimed at contributing to shaping a new economy of […]

Read also

Bayer sells the part of its business
News

Countries of the Baltic have moved to the economic sanctions against Belarus

Lithuania, Latvia and Estonia have refused to use the Belarusian electricity. This was reported by the Interfax news agency. According to the agency, the governments of the Baltic countries have developed a common methodology for the electricity trade. It means that electricity supplied to Lithuania, Latvia and Estonia should not be produced in Belarus. Imported […]

Next
Bayer sells the part of its business
News

What can attract Arab companies on the Ukrainian market?

In Ukraine it may soon be a new bank, whose founders will be the Arab leaders of business – community. About this initiative, which sounded Ukrainian-Arab Business Council, informs UNIAN source. This proposal of Council was strongly supported by the authorized persons of the National Bank and the Cabinet. The ofmeeting of business circles of […]

Next
Bayer sells the part of its business
News

January 1 it was launched the declaration campaign 2017

Citizens of Ukraine have begun to declare their income since the onset of the new year. Declaration procedure means that citizens declare their cash flows for the past 2016. Every taxpayer has the right to personally file a declaration at the place of tax addresses, or else to transfer its powers to another individual for […]

Next
Bayer sells the part of its business
News

Aircraft sales at Boeing are growing for the second month in a row

In March, the American aerospace corporation Boeing delivered to customers 29 aircraft comparing to 20 in March last year. The company has maintained positive dynamics for the second month in a row, Reuters reported the day before. In the first quarter, Boeing delivered 77 aircraft against 50 a year earlier. Also in late March, the […]

Next
Posol Avstriyi Germine Poppeller ta Generalnij direktor Ukrayinskogo institutu Volodimir SHejko Austrian Ambassador Hermine Poppeller Director General of the Ukrainian Institute Volodymyr Sheiko
News

Ukraine and Austria started the Bilateral Cultural Year

In 2019, Ukraine and Austria hold the Bilateral Cultural Year. Its official opening and the launch of the website austriaukraine2019.com took place on 22 February in Kyiv. The ceremony and the reception were attended by diplomats and cultural influencers of both countries. The Bilateral Cultural Year in Ukraine was inaugurated by Ambassador Extraordinary and Plenipotentiary […]

Next
Bayer sells the part of its business
News

Farmak сan be deprived of license to use the trademark Diazolinum

Commercial Court of Kiev  took to attention  the case of the right’s  deprivation of Farmak Ukraine on the use of certificates for signs for Diazolinum goods. It is reported by a specialized news resource Pharma.net.. A prerequisite to the beginning of the litigation was an appeal of representatives of the international distributor of Farmat LTD […]

Next
Bayer sells the part of its business
News

Uber buys Transplace, a logistics technology company, for $ 2.25 billion

Uber has announced an agreement with TPG Capital to acquire Transplace, which provides the widest portfolio of technology services and solutions in the logistics and transportation industry. The estimated amount of the deal is a considerable $ 2.25 billion, but about $ 750 million Uber will pay in the form of its own shares, and […]

Next
Bayer sells the part of its business
News

Losses of Ukravtodor companies amounted to over UAH 100 million

The total net losses of subordinate companies of the State Agency of Motor Roads of Ukraine in 2020 amounted to UAH 116.5 million. This is evidenced by the report on the implementation of the financial plan, which analyzed the Marlin project. It is noted that according to the results of 2019, Ukravtodor suffered losses amounting […]

Next
depositphotos 27724645 m 20151
Analytics

How exists and breathe the agrarian business of Ukraine

If there is a sector in which Ukraine is objectively comparable to the leaders of the world rankings, it is agriculture. According to the «Food» and «Agriculture Organization», Ukraine ranks third in the world by percentage of cropland against the total county’s area. And according to the «National Master»(global statistics portal), Ukraine occupies the 4th […]

Next
Bayer sells the part of its business
News

ООН оцінила збитки агросектору України через війну

Сільськогосподарський сектор України за час війни зазнав збитків від 4 до 6 млрд доларів. Про це у п’ятницю, 29 липня, повідомила представниця Продовольчої та сільськогосподарської організації ООН (FAO) Вікторія Михальчук. Підраховані на червень збитки включають шкоду інфраструктурі, такій як іригаційне обладнання, сховища, інфраструктура судноплавства та переробки, теплиці, польові культури, сільськогосподарські тварини. Михальчук зазначила, що цього […]

Next
Bayer sells the part of its business
News

Citigroup’s net profit for the nine months fell twice

Net profit of one of the largest financial corporations in the world Citigroup Inc. in January-September 2020 fell twice, compared to the same period in 2019 to $ 7.068 billion, follows from the reporting of the corporation. Adjusted earnings per share were $ 2.97 against $ 5.89 a year earlier. The financial giant’s revenue for […]

Next
Bayer sells the part of its business
News

The american company S&W Seed will produce seeds in Ukraine

The US company, which produces seeds, has signed a licensing agreement with a major seed company about production and sale of sunflower seeds in Ukraine, Russia, Belarus, Georgia and Kazakhstan. The press service of the company officially announced about this.    The americans want to make only two varieties of sunflower seeds in Ukraine. Although, […]

Next
Bayer sells the part of its business
News

Deputy Head of the Office of the President joined the Supervisory Board of Naftogaz

Deputy Head of the Office of the President Yulia Svyridenko has joined the Supervisory Board of Naftogaz of Ukraine. This is stated in the Cabinet. She is elected to the council as a representative of the state for a term not exceeding one year. As reported, the Cabinet of Ministers of Ukraine by order №494-r […]

Next
Bayer sells the part of its business
News

Ministry of Health: medication from COVID-19 are already being transported to Ukraine

Chief State Sanitary Doctor, Viktor Liashko, said that the drug “Remdesivir”, which was planned to treat patients from the coronavirus, have already been purchased, and the party is taken to Ukraine. He said the news in the interview with Radio Svoboda on Sunday, October 18. “And now it is being transported to the territory of […]

Next
Bayer sells the part of its business
News

C-level executives of Yahoo plan to sell the business

This week the board of directors of one of the world’s largest US Company Yahoo will hold a series of meetings that will be devoted to the sale of the business, – The Wall Street Journal writes at December 2, 2015. According to the management, the company is weakening and it is very difficult  to […]

Next
Bayer sells the part of its business
News

In the new year some of the individual entrepreneurs will be in the shadow: Why work openly became not profitable?

Since the end of 2016 year it has been observed in Ukraine a negative surge of activity among sole proprietorships. It is talking about a mass liquidation of FOP associated with the innovations of the taxation system in Ukraine. Thus, according to the legislation since January 1st of this year, every natural persons-entrepreneurs are undertaken […]

Next