Bayer CropScience may buy under 26% stake in Hyderabad-based Kaveri Seeds

Bayer CropScience, the crop protection and agri-products arm of German company Bayer AG, is in preliminary talks to purchase a minority stake in Hyderabad-based Kaveri Seeds as double-digit growth in hybrid seeds sales make India an attractive and automatic investment choice for global giants. Bayer, which is increasing its investments in India, may buy a stake that is less than 26% in Kaveri, people close to the development said.

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