.
MergerLinks Header Logo

New Deal


Announced

Corteva to invest in Evogene's Lavie Bio.

Financials

Edit Data
Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

agriculture technology

Biotechnology

Private

Israel

Synopsis

Edit

Corteva, a leading pure-play agriculture company, agreed to invest in Evogene's agriculture biologicals subsidiary, Lavie Bio. Financial terms were not disclosed. Susanne Wasson, Crop Protection Business Platform President for Corteva Agriscience said, "This transaction demonstrates Corteva's ongoing commitment to bringing to market new and differentiated technologies for our customers." Wasson continued, "We are pleased to collaborate with Lavie Bio – a leader in the field of agriculture biologicals – as we continue to focus on accelerating commercialization of customer-centered innovation in this high-growth sector."

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US