Monsanto India to sell its sunflower unit for $3.9 mn
Monsanto India Ltd says its board had approved selling its sunflower seeds business to the Indian arm of Belgian Devgen for $3.91 million.
By PTI |
MUMBAI: Seed technolgy firm Monsanto India Ltd said on Friday its board had approved selling its sunflower seeds business to the Indian arm of Belgian Devgen for $3.91 million.
The deal also includes Mosanto's inventory at cost, the company said in a statement.
The sale is part of a deal by US-based Monsanto to sell several of its Asian agricultural seed businesses to Devgen.
The deal also includes Mosanto's inventory at cost, the company said in a statement.
The sale is part of a deal by US-based Monsanto to sell several of its Asian agricultural seed businesses to Devgen.
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