Bayer CropScience To Acquire AgraQuest
Bayer (OTC: BAYRY) reported that its pesticides arm CropScience will buy US-based biological company AgraQuest for $425 million plus milestone payments.
AgraQuest's revenue came in at $40 million last year.
Bayer shares gained 1.65% to close at $73.41 on Tuesday.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.