date:May 30, 2012
The South African Competition Appeal court has approved the transaction, overturning an earlier judgment by the South African Competition Tribunal, and the deal is subject to certain conditions and commitments.
The deal was already approved by other African countries including Kenya, Malawi, Namibia, Swaziland, Tanzania and Zambia.
Further, Pioneer Hi-Bred will invest ZAR62m ($5.91m) by 2017 to set up a research center in South Africa that is expected to deliver advanced RD breeding technologi