Seed giant Monsanto buys Israel's Rosetta Green for $35m
Rosetta Green locates and develops unique plant genes in order to develop seed strains for crops suitable as biofuels and food.
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Seed giant Monsanto has closed the acquisition of Israel's Rosetta Green,which makes engineered seeds for farmers. Moreover, Monsanto has agreed to pay $35 million for Rosetta, which is roughly double the company's market value.