Supported by
Sandoz Agreement
TimesMachine is an exclusive benefit for home delivery and digital subscribers.
About the Archive
This is a digitized version of an article from The Times’s print archive, before the start of online publication in 1996. To preserve these articles as they originally appeared, The Times does not alter, edit or update them.
Occasionally the digitization process introduces transcription errors or other problems; we are continuing to work to improve these archived versions.
Sandoz A.G. said it had signed an agreement to buy the agri-chemical sector of the Velsicol Chemical Corporation, a subsidiary of Farley/Northwest Industries, for $200 million. The Sandoz Corporation is the United States subsidiary of the Swiss chemicals and pharmaceuticals group. Among other products, Velsicol's agri-chemical sector develops, produces and markets Banvel R, which Sandoz described as a leading herbicide.
A version of this article appears in print on , Section D, Page 3 of the National edition with the headline: Sandoz Agreement. Order Reprints | Today’s Paper | Subscribe
Advertisement