Syngenta, in conjunction with the Governor of Krasnodarskiy Krai, Russia, has signed a Letter of Intent to invest up to $85M in the construction of a hybrid seed and crop protection production facility. Subject to obtaining the necessary local permits and approvals, Syngenta expects to commence production of hybrid seed in 2015 and of crop protection products in 2016.
Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social …