(Refiling to fix repetition in first paragraph)
NEW YORK, March 31 U.S. agricultural biotech
company Monsanto Co (MON.N) said on Monday it has agreed to
acquire Netherlands based De Ruiter Seeds Group B.V., which
operates De Ruiter Seeds, for 546 million euros, in a bid to
expand its presence in the vegetable seeds business.
Monsanto said it intends to finance the acquisition with
cash. The deal is expected to boost Monsanto's earnings and
revenue by the second-full fiscal year following closure of the
The companies did not announce a time frame for closing of
the deal because of regulatory clearance requirements.
(Reporting by Euan Rocha; Editing by Brian Moss)