Bayer's Monsanto deal to be closely watched by NZ farmers as agri-chemical players dwindle

Jonathan Underhill
Thu, 15 Sep 2016

By Jonathan Underhill Sept. 15 (BusinessDesk) - Bayer's US$66 billion acquisition of Monsanto, creating the world's biggest supplier of seeds and agri-chemicals to farmers, will be closely watched by New Zealand's rural sector as the latest in a series of deals that has shrunk the number of competitors in the market. Bayer and Monsanto are two of the big seven companies selling agricultural chemicals in New Zealand. Of the other five, Dow Chemical is in the process of a global merger with DuPont and Swiss seed giant Syngenta is close to b...

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