DuPont Pioneer, Pannar Seed transaction concluded

DuPont Pioneer and Pannar Seed announced the conclusion of the transaction in which Pioneer has acquired a majority share in Pannar earlier today.

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The companies said in a statement that the partnership had implications for agriculture in countries across Africa where Pioneer and Pannar operated. The intention with the transaction was to support and grow both businesses and brands. 
More details of the transaction will be made available shortly.