Denso Reportedly in Talks to Buy Axia Vegetable Seeds for $500 Million

DENSO Corporation (TSE:6902) 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 Holdings (Private) Limited, which owns almost half of Axia Vegetable Seeds B.V., is set to generate a profit from the sale, the people said, asking not to be identified because the negotiations are private.

Source: Market Screener, May 26, 2025, https://www.marketscreener.com/quote/stock/DENSO-CORPORATION-6491229/news/Denso-Reportedly-in-Talks-to-Buy-Axia-Vegetable-Seeds-for-500-Million-50062480/