Monsanto ally Novozymes sees opportunity, risk in Bayer merger



Novozymes, already grappling with the consequences of low oil and crop prices, is watching anxiously to see what Bayer's purchase of Monsanto will mean for the Danish group's ties with its key agricultural partner.
Chief Executive Peder Holk Nielsen said in an interview that a merged Bayer-Monsanto could extend the market for the company's smart microbial crop-boosting products, known as inoculants, but added the union also brings uncertainties.
"Of course, in the short-term we can all worry about the distraction that a $66 billion acquisition can bring and it is one of the things we... read more

 
28 September 2016 in Business, Views: 45
Source: Reuters
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