Monsanto Acquires 49% Stake In Brazil Cotton Seed Co.
CNN Money – March 4, 2009

Agribusiness company Monsanto Co. (MON) acquired a 49% stake in Brazilian cotton seed company MDM Sementes de Algodao Ltda for an undisclosed amount, Monsanto said. Monsanto has had a stake in MDM since 2007 when it acquired agribusiness biotech company Delta & Pine Land. Monsanto sells its Bollgard brand of genetically modified cotton seeds to Brazilian farmers.