S&W completes DuPont Pioneer alfalfa purchase
The US seed company, S&W Seed (Five Points, California), has completed the purchase of DuPont seed subsidiary DuPont Pioneer's non-genetically modified alfalfa (lucerne) seed business and related assets for up to $42 million. The deal was agreed late last month. S&W has also arranged, subject to certain conditions, to purchase DuPont Pioneer's GM alfalfa germplasm for a further $7 million. That deal is scheduled to be completed on December 29th 2017.