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Bayer acquires Monsanto for $66 billion

Bayer acquires Monsanto for $66 billion

Bayer acquires Monsanto for USD 128 per share in an all-cash transaction. Monsanto’s Board of Directors, Bayer’s Board of Management and Bayer’s Supervisory Board have unanimously approved the agreement. Based on Monsanto’s closing share price

Global
Zeelandia and Fine Organics launch joint venture in India

Zeelandia and Fine Organics launch joint venture in India

Zeelandia and Fine Organics have set up a joint venture in India. Fine Zeelandia will serve India and neighbouring markets with dry and liquid baking ingredients, most of which will be produced locally.Establishing the Indian

Global
Shimadzu & Veeda Clinical Research sign MoU

Shimadzu & Veeda Clinical Research sign MoU

Shimadzu (Asia Pacific), Singapore, a global leader in analytical instruments and Veeda Clinical Research Pvt Ltd, Ahmedabad, India, one of India’s foremost player in the CRO industry, have signed a Memorandum of Understanding (MoU) to

Global
Tata Salt’s ’Namak ke Waastey’ campaign supports Indian athletes in Rio Olympics 2016

Tata Salt’s ’Namak ke Waastey’ campaign supports Indian athletes in Rio Olympics 2016

Tata Salt, a pioneer in the Indian branded salt market recently launched a significant campaign, ‘Namak ke Waastey’ that aims at catalysing conversations and generate mass support for the Indian Olympians. While sport has been

Global
6 Indian drug makers sign licensing deals for HIV, hepatitis C treatments

6 Indian drug makers sign licensing deals for HIV, hepatitis C treatments

A United Nations backed public health organisation said it has signed a licencing agreement with six Indian drug makers to sell generic antiretrovirals (ARV) and the hepatitis C drug Daclatasvir in low and middle-income countries.The

Global
Healthy Food Ingredients announces to acquire Heartland Flax

Healthy Food Ingredients announces to acquire Heartland Flax

Healthy Food Ingredients (HFI) announced that it has reached an agreement to purchase Heartland Flax, a leading manufacturer of flax and flax oil. HFI plans to close the transaction this fall, adding to its current

Global
Kellogg establishes venture capital fund to support growth

Kellogg establishes venture capital fund to support growth

Kellogg Company, the world’s leading cereal company; second largest producer of cookies, crackers and savory snacks; and a leading North American frozen foods company, has announced that it is establishing eighteen94 capital (1894) to make

Dietary Supplements
EU bans alertness claims of caffeinated soft drinks

EU bans alertness claims of caffeinated soft drinks

Caffeinated energy and soft drinks makers in the European Union will not be allowed to claim the drinks boost alertness or concentration after the European Parliament blocked European Commission proposals to regulate but allow these

Global
Day when the world saw first slice of bread

Day when the world saw first slice of bread

Being the day when Chillicothe Baking Company of Missouri produced their first slice of baked bread, Michigan has a competing claim as the first city to sell bread sliced by Rohwedder’s machine. However, historians have

Global
Cabinet approves import of pulses through long-term contract with Mozambique

Cabinet approves import of pulses through long-term contract with Mozambique

Union Cabinet meeting chaired by the Prime Minister Narendra Modi has approved a long-term contract by signing a MoU with Mozambique for import of pulses either through the private channels or Government-to-Government (G2G) sales through