Bayer AG - Stockholders' Newsletter Second Quarter 2007 - Bayer CropScience acquires Stoneville

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Bayer CropScience acquires
U.S. cotton seed company Stoneville

The acquisition of Stoneville is expected to strengthen the fast-growing U.S. cotton seed business of Bayer CropScience.

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The acquisition of Stoneville is expected to strengthen the fast-growing U.S. cotton seed business of Bayer CropScience.

Leverkusen. Bayer CropScience has completed the acquisition of U.S. cotton seed company Stoneville from Monsanto after the U.S. antitrust authorities approved the transaction. The acquisition is aimed at rapidly expanding the U.S. cotton seed business of Bayer CropScience, which is currently the second-largest cotton seed supplier in the United States. The purchase of Stoneville’s U.S. business is an extension of the company’s strategy to grow its presence in the U.S. cotton market through new product introductions, organic growth and acquisitions.