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(BASF.com)
Crops

Bayer to sell digital farming business to BASF

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Frankfurt | Reuters — Germany’s Bayer plans to sell its digital farming business to BASF as part of changes to concessions it has offered to win over antitrust regulators for its proposed takeover of Monsanto . Bayer, which had previously only agreed to grant a licence to competitors, said on Wednesday that as part of
(Dave Bedard photo)
Crops

Bayer gets U.S. approval to buy Monsanto: report

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Reuters — German drugs and pesticides group Bayer has reached a deal with the U.S. Justice Department for antitrust approval for its US$62.5 billion bid to acquire Monsanto by agreeing to sell additional assets, the Wall Street Journal reported Monday. The Justice Department reached an agreement in principle with the two companies in recent days,
(Bayer.com)
Crops

Bayer wins EU approval for Monsanto buy

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Brussels | Reuters — German conglomerate Bayer won EU antitrust approval on Wednesday for its US$62.5 billion buy of U.S. peer Monsanto, the latest in a trio of mega-mergers that will reshape the agrochemicals industry. The tie-up is set to create a company with control of more than a quarter of the world’s seed and
(Bayer.com)
Crops

Bayer petitions Russian antitrust watchdog for more time in Monsanto case

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Frankfurt/Moscow | Reuters — Bayer has taken Russia’s competition regulator to court over the watchdog’s investigation into the company’s planned takeover of Monsanto, a further hiccup in the US$64 billion deal amid intense antitrust scrutiny. A Bayer spokesman said the German company was petitioning the court in Russia to be given more time to discuss
(Dave Bedard photo)
Crops

Brazilian antitrust agency approves Bayer-Monsanto tie-up

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Brasilia | Reuters — Brazilian antitrust agency Cade on Wednesday approved Bayer’s proposed takeover of U.S. seeds company Monsanto without requiring further asset sales beyond a global proposal announced last October. Cade’s commissioners voted 4-2 in favour of the tie-up under an agreement, negotiated between the companies and global antitrust agencies, that included the sale
(Bayer.com)
Crops

Brazil pushes back decision on Bayer-Monsanto tie-up

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Sao Paulo | Reuters — Brazilian antitrust agency Cade on Wednesday extended its deadline to review Bayer’s proposed takeover of Monsanto by 90 days to late March, potentially spoiling plans to wrap up the US$66 billion tie-up by the end of the year. A spokesman said Cade had approved the extension at a session on
(Bayer.com)
Crops

Bayer sees more antitrust asset sales ahead

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Frankfurt | Reuters — Bayer said it expected antitrust authorities to make the planned acquisition of Monsanto conditional on more asset sales after agreeing to sell seed and herbicide businesses for 5.9 billion euro (C$8.8 billion) to BASF. “By no means did the deal that was signed with BASF constitute the totality of antitrust divestitures…
(Dow.com)
Crops

Dow, DuPont merger wins U.S. antitrust approval

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Reuters — DuPont and Dow Chemical have won U.S. antitrust approval to merge on condition that the companies sell certain crop protection products and other assets, according to a court filing on Thursday. The asset sales required by U.S. antitrust enforcers were similar to what the companies had agreed to give up in a deal

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