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A tactical detour

14 July 2016 By Olaf Storbeck

The besieged U.S. seedmaker is reportedly in talks about buying the German group’s agrochemicals unit. A deal could see off Bayer’s $62 bln bid for Monsanto. Persuading BASF to sell will be tricky. Still, the gambit might be a way of forcing Bayer to sweeten its offer.

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