Syngenta looks at partial advanta deal - farmers weekly
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
3 May 2001 Syngenta looks at partial Advanta deal _BY FWI STAFF_ SYNGENTA Seeds says it is looking at the opportunity to buy Advanta but it would probably have to be without the sugar beet
business. There are only three major companies in that market and if we took over Advanta that would leave only two, says Gerhard Wulff, Syngentas European head of oilseeds. That would be
sure to attract the interest of EU competition authorities, so a partial deal is more likely, he believes. However, other companies such as Bayer and BASF are also very interested in
acquiring seed businesses, so a Syngenta deal is by no means a certainty. Advanta hit the headlines last year when it unwittingly supplied hundreds of farmers with oilseed rape seed which
contained genetically modified material. NEW SERVICE CLICK HERE to receive FWis FREE new daily email newsletter to keep up-to-date with the latest on foot-and-mouth and other farming-related
stories