Bayer AG is joining with hedge-fund giant Viking Global Investors for a record wager in the burgeoning world of agricultural technology, the latest bet that farmers are going to need new tools to feed a growing population.
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Bayer has taken Russia’s antitrust regulator to court over the watchdog’s investigation into the company’s planned takeover of Monsanto, a further hiccup in the $64 billion deal amid intense antitrust scrutiny. Read more
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Bayer Delays Monsanto Acquisition
Bayer officials no longer expect their planned $66 billion acquisition of Monsanto to close at the end of 2017, saying instead it should close early 2018, according to Dow Jones. The company recently applied to extend the European Commission review deadline for the proposed deal. Read more
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