Fishing & Farming
Jinhe Biotechnology Co., Ltd.<002688.SZ>: Says its controlling unit to buy 100 percent stake in the U.S.-based company ProtaTek International,Inc. on no later than Oct. 12 . Says the initial acquisition price is $20 million .Says ProtaTek International,Inc. is engaged in animal vaccine business.
Hainan Shennong Gene Technology Co Ltd <300189.SZ> : Says it fails to get securities regulator's approval for assets acquisition plan .Says its shares to resume trading on Sept 20.
Fitch: Fitch places Monsanto company's ratings on negative watch .Negative watch reflects potential downgrade of Bayer's IDR to below 'A-' as a result of merger with Monsanto.
: Bayer exec says co needs to seek anti trust approval from 30 jurisdictions . Monsanto CEO says unique aspect of Bayer deal is that overlaps are minimal and really very small . Monsanto CEO says have not discussed what will happen to Monsanto name, but co is flexible Further company coverage: [MON.N] [BAYGn.DE] ((Bangalore.firstname.lastname@example.org;)).
:Bayer proposes improved Monsanto offer of $129 a share -Bloomberg.
Bonifiche Ferraresi SpA
Farmland Partners Inc
Jinhe Biotechnology Co Ltd <002688.SZ> :Says shares to halt trading from Sept 12 pending announcement related to asset acquisition.
Guangdong VTR Bio-Tech Co Ltd <300381.SZ>:Says its unit to buy 70 percent stake in a Hunan-based biotechnology firm for 21 million yuan, from nine individuals.
: Bayer & Monsanto seen closing in on deal; Monsanto told Bayer it is "close" on price- CNBC, citing sources . Bayer, Monsanto deal could happen within a week or two- CNBC, Citing Sources.