Conditional clearance for Syngenta buy of Monsanto sunflower unit

摘要

On 17 November, the European Commission cleared the acquisition of the global sunflower seed business of the US company Monsanto by Syn genta of Switzerland, conditional on the transfer of certain activities in order to prevent breaking EU competition rules.rnMonsanto manufactures genetically modified organisms and sells phyto sanitary products and Syngenta is the world's leader in agricultural research, in particular related to sunflower seeds principally intended for the production of edible oils. The area of conflict lies in the marketing of hybrid seeds result ing from controlled interbreeding, which makes it possible to guarantee specific desired characteristics, such as resistance to diseases or drought.