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Bayer CropScience to sell manufacturing units, facilities located at Gujarat

31 Jul 2013 Evaluate

Bayer CropScience has received an approval to sell either whole or in part the manufacturing unit(s) and facilities of the company located at GIDC Industrial Estate, Ankleshwar in state of Gujarat on as is where is basis, subject to the receipt of such approvals and permissions as may be required for such sale. The board of director at its meeting held on July 30, 2013, has approved for the same.

Besides, a committee of directors has been appointed to negotiate the proposed deals with the prospective acceptable purchaser(s).

Bayer CropScience is one of the world's leading innovative crop science companies in the areas of seeds, crop protection and non-agricultural pest control.

Peers
Company Name CMP
UPL 559.90
PI Industries 2250.10
Bayer CropScience 3940.75
Sharda Cropchem 753.05
Sumitomo Chem. India 451.50
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