Adding Up Monsanto’s InterGrain Investment

It’s no secret Monsanto want to increase the 19.9 per cent share it bought in WA’s crop breeding company InterGrain last August. After the announcement, InterGrain’s CEO Brian Whan gleefully said InterGrain was in bed with Monsanto and proud of it.

Monsanto’s Peter O’Keefe said it was part of their business model to look towards increasing their share in InterGrain, citing global competition from other big biotech players as well as strong competition for InterGrain on the varietal front in Australia as reasons to do so — via redwolf.newsvine.com

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