American Home Products Corporation / BASF AG (Cyanamid agricultural divestiture)
2000 · Asset Purchase · $3.8B · Complete
Announcement Sentiment
70
Positive
American Home Products sold its Cyanamid Crop Protection agricultural business to BASF for ~$3.8B in cash, completing portfolio refocus on pharmaceuticals (later renamed Wyeth in 2002). NOT pharma — flagged borderline; included for transparency on AHP/Wyeth strategic direction during the 2000 mega-merger era.
Did it work? Outcome assessment
Strategic verdict
Achieved Stated Rationale
Financial impact
Accretive
Pipeline outcome
Assets Advanced
Assessment window: 15yr post-close.
Key facts
AnnouncedMar 21, 2000
ClosedJun 30, 2000
Deal value$3.8B
Deal typeAsset Purchase
Therapeutic areaAgrochemicals (NOTE: ag-chem, not pharma — flagged for borderline relevance)
IndicationsAgrochemicals (NOTE: ag-chem, not pharma — flagged for borderline relevance)
Key assetsCyanamid Crop Protection ag-chem business