Insights and Stories of Patricia Weiss

Jun. 29, 2017 at 4:27 pm CDT

Ludwigshafen, Germany | Reuters — BASF will consider buying seed assets that rivals are putting on the block to win antitrust approval for tie-ups, saying bargain prices could persuade BASF to overcome its traditional reluctance to expand into the seeds industry. Sources familiar with BASF’s thinking have said that competition […]

By Ludwig Burger, Patricia Weiss

Feb. 25, 2016 at 4:28 pm CST

Leverkusen, Germany | Reuters — Bayer’s Crop Science business is casting its eye over potential targets to enhance its seeds operation, the division’s head said on Thursday, as competitive threats increase with big mergers among its rivals. The Bayer CropScience operation comprises the world’s second-largest pesticides supplier but remains a […]

By Ludwig Burger, Patricia Weiss

Aug. 7, 2015 at 12:41 pm CDT

Frankfurt | Reuters — German salt and fertilizer company K+S AG once again rejected PotashCorp’s takeover offer Friday, saying the Canadian company’s assurances about maintaining jobs and mine sites in Germany were unreliable. Saskatoon-based PotashCorp sent an unsolicited letter to K+S’s management and supervisory boards, K+S said in a statement. […]

By Andreas Cremer, Patricia Weiss