Daily Chemical News Recommendation (Jun 28, 2018)

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>> Bayer Makes Open Offer to Buy 26% in Monsanto India

Bayer AG, along with its Indian arm Bayer CropScience, has proposed to acquire 26% additional stake in Monsanto India, by acquiring up to 44,88,315 shares worth Rs. 1,300-crore of Monsanto India, the company in a statement. It has fixed the open offer price at Rs. 2,926.87 per share and the maximum size of the open offer will be for Rs. 1,314 crore, it added. [More]

>> Mahindra-TERI Centre of Excellence to Enable Energy Efficiency

Mahindra Lifespace Developers Ltd. (MLDL) and The Energy and Resources Institute (TERI) have launched the first-ever Centre of Excellence (CoE) to boost energy-efficient real estate in India. The energy-efficient building stock in India stands at less than 5% today; the CoE will leverage state-of-the-art research techniques, tools and performance measurement solutions to boost the development of green buildings by developing open-source and science-based solutions for India’s real estate sector. [More]