Feb. 4, 2013
Israeli crop bioengineering company Rosetta Green Ltd. said Sunday that Monsanto Co. will acquire its activities for $35 million.
The agreement, which includes costs for terminating Rosetta Green's employees, will leave Rosetta Green as an empty shell on the Tel Aviv market. U.S. based.
Monsanto is an industry leaders in biotechnology and fertilizer development for the agricultural sector. It also has a collaboration agreement with Israel's Evogene Ltd., worth about $35 million.
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