September 10, 2018
Bayer can officially integrate Monsanto into its company, following the former’s sale of certain assets to BASF. The name Monsanto is expected to officially disappear in the future, while familiar brand names like Dekalb and Asgrow should remain after the merger.
Tyson Foods Inc. has acquired Keystone Foods for $2.5 billion. Keystone is the largest supplier of chicken nuggets to McDonald’s and has operations in the U.S., Asia and Australia. Keystone had $2.8 billion in sales and earnings before interest, taxes and debt payments of $282 million in fiscal year 2017.