Friday, September 17, 2010

Pioneer Hi-Bred buying S. Africa seed company

"Pioneer's purchase of a majority stake in Pannar Seed Ltd, which operates seed businesses in nine countries in Africa, is the latest move in a race by many major agricultural companies to stake a claim in Africa."

The race is truly on, especially between Pioneer (DuPont) and Monsanto. Here's a link for the rest of this article.

http://www.reuters.com/article/idUSN1514309820100915

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