Source: European Union

The European Commission has cleared under the EU Merger Regulation the acquisition of the global sunflower seed business of the US company Monsanto by Syngenta of Switzerland.

The notified transaction combines two leading sunflower seed suppliers in Europe, with significant breeding activities.

The decision is conditional upon the divestment of Monsanto's sunflower hybrids, commercialised or under official trial in Spain and Hungary, as well as the parental lines used in the creation of those hybrids or currently under development for the creation of hybrids for Spain and Hungary.

Original news release