EU considers Syngenta/Monsanto sunflower deal
The European Commission has invited comments on Syngenta’s acquisition of Monsanto’s global sunflower seed business, while it considers whether the deal falls within the scope of EU merger rules. The deal was referred to the Commission by the Spanish and Hungarian competition authorities in October 2009. Syngenta completed the acquisition a month earlier ( Agrow No 575, p 2). Syngenta claims to be the global leader in sunflower seed and says that the acquisition would strengthen its position in Europe, which is a key region for the crop ( Agrow No 574, p 4).