Sources Say Monsanto Wins Arbitration Ruling in India Seed Dispute -- Reuters
12 February 2019 - 6:49AM
Dow Jones News
-- A royalty dispute between Monsanto and India's Nuziveedu
Seeds Ltd. has been decided in favor of Monsanto, Reuters reports
Monday, citing "lawyers familiar with the matter."
-- Terms of the ruling in the dispute between Monsanto, a unit
of Bayer AG, and Nuziveedu weren't revealed, the report said.
-- The dispute came after Nuziveedu Seeds and its affiliates
stopped paying royalties to a Monsanto joint venture in India in
2015, arguing that payments should go to the Indian government, the
report said.
Full story:
https://www.reuters.com/article/us-india-monsanto-exclusive/exclusive-bayers-monsanto-wins-arbitration-ruling-over-royalties-from-indian-seed-company-idUSKCN1Q01ZF?il=0
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
February 11, 2019 14:34 ET (19:34 GMT)
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