Bayer Shares was Lifted as Monsanto's Interest in Crop Science Business

Shares of the German pharmaceutical and chemical giant increased by 5% in Monday trading. Monsanto's interest to acquire its crop science business triggered the surge.

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Dealmakers in Davos see more M&A despite geopolitical risks

Low borrowing costs, currency shifts and the hunt for both cost savings and growth opportunities will drive a steady flow of merger and acquisition deals this year despite geopolitical tensions, according to business leaders meeting this week.

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RWE to close gas unit sale to Russian tycoon by early March

German utility RWE will complete the sale of oil and gas unit DEA [RWEDE.UL] to Russian tycoon Mikhail Fridman by early March, it said on Friday, easing fears of a potential collapse.

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Finnish chemical firm Kemira purchases BASF's AKD business in Germany

Helsinki, Finalnd-based chemical industry group Kemira announced that it will acquire the alkyl ketene dimer (AKD) emulsion unit of Ludwigshafen, Germany-based chemical giant for an undisclosed sum.

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BASF SE agrees on sale of North Sea assets to MOL Hungarian Oil & Gas for $375 million

According to Bloomberg, chemical firm BASF said it will be selling some North Sea oil and gas assets to MOL Hungarian Oil & Gas in a deal worth $375 million.

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