DES MOINES, Iowa, and JOHANNESBURG, South Africa– The South African Competition Tribunal has denied Pioneer Hi-Bred’s proposal to purchase a majority stake in South African-based seed company Pannar Seed Limited.
仲裁庭支持竞争委员会于 2010 年 12 月做出的阻止杜邦业务和 Pannar 提出的交易的决定。
“We still believe this transaction is in the best interests of both companies, their employees and their customers in South Africa and throughout Africa,” the companies said in a statement. “We will be studying the detail of the decision and will decide on any future action.”