Announced
Financials
Sources
Tags
Pending
Acquisition
Friendly
Domestic
Public
France
seed producer
Single Bidder
Majority
Farming Fishing Ranching and Plantations
Tender Offer
Privatisation
Synopsis
Limagrain, an international agricultural co-operative group, specialized in field seeds, vegetable seeds and cereal products, agreed to acquire the remaining 28% stake in Vilmorin & Cie, a French seed producer, for €1.43bn. "The goal of this delisting initiative is to provide Limagrain with greater freedom in its strategic decisions,” Sébastien Chauffaut, Limagrain CEO.
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