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Monsanto to Buy Seed Producer in $1.4 Billion Deal

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Monsanto to Buy Seed Producer in $1.4 Billion Deal

Business

Monsanto to Buy Seed Producer in $1.4 Billion Deal

Monsanto to Buy Seed Producer in $1.4 Billion Deal

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  • <iframe src="https://www.npr.org/player/embed/4465105/4465106" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The agricultural products manufacturer Monsanto says it will buy commercial fruit and vegetable seed company Seminis. The deal is said to be worth $1.4 billion. Monsanto hopes the purchase will expand its market in health foods.