Chemicals Fertilizers and Agricultural Chemicals

  • Sept 12- Canada's Agrium Inc and Potash Corp of Saskatchewan Inc said on Monday they would combine to create a fertilizer and farm retailing giant with proforma enterprise value of $36 billion. Potash Corp shareholders will get 0.400 common shares of the new company for each share they own, while Agrium shareholders will get 2.230 common shares.

  • Sept 8- German chemicals and crop pesticides firm Bayer AG is exploring the sale of its dermatology business to push forward its deal with Monsanto Co, Bloomberg reported, citing sources. Bayer is working with JPMorgan Chase& Co on the sale, which could fetch more than 1 billion euros, the report said. The dermatology business could attract interest from existing...

  • Sept 2- Hundreds of banana farmers from Central America and South America will again have their day in court, after a U.S. appeals court on Friday revived six lawsuits accusing several big fruit and chemical companies of sickening them with a toxic pesticide. By an 11-0 vote, the 3rd U.S. Circuit Court of Appeals in Philadelphia revived claims by 228 farmers from...

  • Stocks to Watch: September 6, 2016

    Navistar, Monsanto and General Electric are making headlines this Tuesday morning before the market open.

  • Bayer ups bid for Monsanto to $127.50/share

    Bayer raises its offer for Monsanto to more than $65 billion. Jonas Oxgaard, Bernstein, explain why he thinks the odds of this deal happening are relatively slim.

  • Bayer will have to offer more: Analyst

    John Rountree, managing partner at Novasecta, discusses the viability of Bayer's latest attempt to buy Monsanto.

  • Bayer said it would be prepared to offer $127.50 per Monsanto share from its previous offer price of $125 per share only in connection with a negotiated deal. German daily Rheinische Post earlier reported that a $130 per share offer may be necessary to clinch the deal "in a swift and friendly way," citing unnamed sources at Bayer. In July, Bayer raised its earlier...

  • TEL AVIV, Sept 5- Fertilizer maker Israel Chemicals will not be bidding for an indirect stake that is for sale in Chilean potash and lithium producer SQM, a spokesman for the Israeli company said. ICL Chief Executive Officer Stefan Borgas said in May that ICL was interested in investing in SQM, which is 30 percent held by Potash Corp of Saskatchewan, but noted SQM was...

  • TEL AVIV, Sept 5- Fertiliser maker Israel Chemicals will not be bidding for an indirect stake that is for sale in Chilean potash and lithium producer SQM, a spokesman for the Israeli company said. ICL Chief Executive Officer Stefan Borgas said in May that ICL was interested in investing in SQM, which is 30 percent held by Potash Corp of Saskatchewan, but noted SQM was...

  • TORONTO/ WASHINGTON, Sept 2- Canada's Potash Corp of Saskatchewan and Agrium Inc are more likely to win approval for a potential merger in Canada than the United States, but U.S. rejection of the deal would scuttle it globally, competition lawyers said. "It's possible that in this case the efficiencies win the day in Canada but don't carry the day in the United States."

  • Sept 2- Hundreds of banana farmers from Central America and South America will again have their day in court, after a U.S. appeals court on Friday revived six lawsuits accusing several big fruit and chemical companies of sickening them with a toxic pesticide. By an 11-0 vote, the 3rd U.S. Circuit Court of Appeals in Philadelphia revived claims by 228 farmers from...

  • WINNIPEG/ CHICAGO, Aug 31- North American farmers will pressure regulators to protect their negotiating leverage with fertilizer suppliers if Potash Corp of Saskatchewan and Agrium Inc agree to merge, major farm groups said on Wednesday. The tie-up would face regulatory scrutiny in both the United States and Canada. Independent retailers in the United...

  • WINNIPEG, Manitoba/ WASHINGTON, Aug 30- Canada's Agrium Inc and Potash Corp of Saskatchewan Inc said on Tuesday they are in talks to merge, a deal that would create a fertilizer and farm retailing giant worth more than $25 billion but also trigger U.S. regulatory scrutiny. Potash Corp, the world's biggest crop nutrient company by capacity and Agrium, North...

  • WINNIPEG, Manitoba/ WASHINGTON, Aug 30- Canada's Agrium Inc and Potash Corp of Saskatchewan Inc said on Tuesday they are in talks to merge, a deal that would create a fertilizer and farm retailing giant worth more than $25 billion but also trigger U.S. regulatory scrutiny. Potash Corp, the world's biggest crop nutrient company by capacity and Agrium, North...

  • WINNIPEG, Manitoba, Aug 30- Canada's Agrium Inc and Potash Corp of Saskatchewan Inc said on Tuesday they are in talks to merge, a tie-up that would create a global fertilizer and farm retailing giant as the agriculture sector struggles with soft crop prices. Potash Corp, the world's biggest crop nutrient company by capacity and Agrium, North America's largest...

  • WINNIPEG, Manitoba, Aug 30- Canadian fertilizer companies Agrium Inc and Potash Corp of Saskatchewan Inc said on Tuesday they are in talks to merge, in what would be a tie-up of the world's biggest crop nutrient company by capacity and North America's largest farm retailer. Agrium and Potash Corp said in separate statements that the talks were at a "preliminary"...

  • Aug 30- Canadian fertilizer companies Agrium Inc and Potash Corp of Saskatchewan Inc are in talks to merge, Bloomberg reported on Tuesday, in what would be a tie-up of the world's biggest crop nutrient company by capacity and North America's largest farm retailer. The combination could be announced as soon as next week, Bloomberg reported, citing people...

  • Aug 30- Canadian fertilizer companies Agrium Inc and Potash Corp of Saskatchewan Inc are in talks to merge, Bloomberg reported on Tuesday, in what would be tie-up of the world's biggest crop nutrient company by capacity and North America's largest farm retailer. The combination could be announced as soon as next week, Bloomberg reported, citing people familiar...

  • LONDON, Aug 22 (Reuters)- European stocks rose on Monday after falling the week before, as Swiss chemical company Syngenta gained after U.S. regulators cleared a takeover bid for the company by ChemChina. Syngenta rose up 10.6 percent, the top STOXX Europe 600 riser, after the Committee on Foreign Investment in the U.S. cleared ChemChina's $43 billion bid, making it...

  • Aug 17- Monsanto Co's Climate Corporation is building a network of in-field sensors to expand the scope of soil, weather and other data flowing into its digital agriculture tools that help farmers increase crop yields and reduce costs, the company said on Wednesday. San Francisco- based Climate also said it will open up its software infrastructure to...