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LOOKING TO BOOST its crop protection business in Europe, Bayer AG has acquired Mikado, Syngenta's sulcotrione herbicide business in the European Economic Area (EEA), for EUR115 million ($106 million). Bayer expects the acquisition to increase its herbicide sales by about $50 million when it begins selling Mikado in the 2001 season.
"This acquisition is an important strategic move to further strengthen Bayer's herbicide business in...