Campbell to sell Bolthouse Farms for US$510 million

Reuters — Campbell Soup Co. said on Friday it would sell its Bolthouse Farms business to an affiliate of private equity firm Butterfly Equity for US$510 million, in the U.S. food company’s first major sale as part of its plan to reduce debt. With the completion of deal, expected by July, Campbell will have divested […] Read more

BASF in talks to buy Bayer vegetable seeds arm

Bayer has entered “exclusive talks” toward a deal to sell its global Nunhems vegetable seeds business to German chemical firm BASF, to help clear the aisle for a Bayer/Monsanto marriage. Nunhems, which has a portfolio of about 1,200 seed varieties in over two dozen different vegetable crops worldwide, sells seeds in North America for tomatoes, […] Read more