Southern Crop

Southern Crop

Bayer Clears EU Hurdle for Monsanto Deal with BASF Sale

Bayer AG cleared one big hurdle for its $66 billion takeover of Monsanto, winning European Union approval for the deal after agreeing to bolster BASF SE by selling it seeds, pesticides and digital agriculture technology.

 

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Bayer AG’s takeover of Monsanto Co. now has a March 5 deadline for a decision from the European Union after antitrust regulators lifted a suspension imposed while they were seeking more data on the $66 billion deal.   Read more

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