The decision could dissuade other foreign seed companies from scaling up their investment in the sector
Bayer Group is present in India since 1896 and has two divisions -- crop science and pharmaceutical. It has one listed entity in India -- Bayer CropScience Ltd
Bayer swallowed Monsanto in one of Germany's biggest ever corporate takeovers at a cost of 63 billion euros in June
Bayer, which bought Monsanto earlier this year for $63 billion, faces more than 8,000 similar lawsuits in the United States
Bayer group is setting up a new plant at Vapi in Gujarat with €30-million fresh investments
Global fusion will drive synergistic benefits for their India-listed firms
"There is nothing there." Monsanto President Brett Begemann uttered those words last week to a small group of investors
Bayer will probably raise over $40 billion in short-term bridge financing and most of the remainder in term loans
Any merger of the two global players will lead to a larger entity, both in India and abroad, with presence across agrochemical, pesticide and seeds segments
So far, neither Bayer nor Monsanto has disclosed the terms or structure of the deal
Monsanto has a market value of $42 billion