Southern Crop

Southern Crop

More Delays for Bayer’s Monsanto Acquisition

The European Union is continuing its probe into the possible combination of Bayer and Monsanto companies. Reuters reports EU antitrust investigators extended their investigation until March 12—five business days later than before.

 

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Bayer AG agreed to sell more pieces of its agriculture business to BASF SE for as much as 1.7 billion euros ($2.1 billion) as it seeks to close its $66 billion purchase of Monsanto Co.   Read more

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German conglomerate Bayer AG announced Tuesday that it is issuing bonds, through Dutch unit Bayer Capital Corp. B.V., with a volume of 5 billion euros guaranteed by Bayer AG. With this, the company has concluded refinancing of the Monsanto acquisition   Read more

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