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Bayer CropScience To Acquire AgraQuest

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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.

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