Bayer CropScience has entered into a business transfer agreement with Deccan Fine Chemicals (India) to sell, convey, assign and transfer the Chemical manufacturing facility as a going concern on a slump sale basis at a consideration of Rs 127.18 crore.
Earlier in July, the company had received its board 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.
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.
