BASF weighs bid for Syngenta amid antitrust questions
BASF SE considers a potential offer for Syngenta AG, with discussions ongoing among bankers. No decision yet and no guarantee of a bid. Syngenta has spurned Monsanto’s $45 billion advance due to regulatory hurdles. BASF would face antitrust scrutiny and might need asset sales. both BASF and Syngenta declined to comment. BASF’s crop chemicals arm holds roughly 11 percent of the global market, with 5.4 billion euros in 2014 sales.
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Homes get larger as 2015 US new homes hit record size
Census data show the average size of newly built homes in 2015 rose to 2,657 square feet, the fifth straight increase. Three or more bathrooms were found in 36 percent of homes and four or more bedrooms in 46 percent, with typical new-home price at 345,800 dollars. Regional sizes vary from 2,574 in the Midwest to 2,711 in the South. Lot sizes declined to about 47,300 square feet.
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Nestle to remove artificial flavors from select pizza lines by 2015
Nestle USA said it will drop artificial flavors from DiGiorno Tombstone California Pizza Kitchen Jack's Hot Pockets and Lean Pockets by year end 2015. The company also aims to cut sodium 10 percent from 2013 levels and says taste will not be affected.
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