26-05-2025
Denso in Talks to Buy Temasek-Backed Seed Maker for $500 Million
Denso Corp. is in final talks to buy a Temasek-backed seed supplier for around $500 million, as the Japanese vehicle parts supplier deepens its expansion into the agriculture sector, people familiar with the matter said.
Singapore investment firm Temasek, which owns almost half of Axia Vegetable Seeds Group, is set to generate a profit from the sale, the people said, asking not to be identified because the negotiations are private.
