US: Farmers worry about Bayer-Monsanto merger

US: Farmers worry about Bayer-Monsanto merger

Texas farmers are concerned that if plans for two of the world’s largest agricultural firms to merge go through, it will diminish competition and cause prices for seeds and other essential products to increase. As The Texas Tribune reported, German conglomerate Bayer, a global distributor of seeds best known for its pharmaceuticals like aspirin, hopes […]

Brazil: Pushes back decision on Bayer-Monsanto tie-up

Brazil: Pushes back decision on Bayer-Monsanto tie-up

Brazilian antitrust agency Cade on Wednesday, November 23, Brazilian antitrust agency Cade extended its deadline to review the takeover of Monsanto by Bayer AG 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 […]

Brazil: Regulator urges conditions for approving Bayer-Monsanto tie-up

Brazil: Regulator urges conditions for approving Bayer-Monsanto tie-up

A unit of Brazil’s competition regulator Cade said the US$66 billion takeover of Monsanto by German life sciences firm Bayer could be detrimental to competition, a document released on the agency’s website shows. The Bayer-Monsanto transaction, announced in September 2016, would create the world’s largest integrated pesticides and seeds company. The Cade unit said that […]

EU: EC starts in-depth probe of Bayer, Monsanto deal

EU: EC starts in-depth probe of Bayer, Monsanto deal

The European Commission (EC) said Tuesday that it has launched a probe into German chemical maker Bayer’s planned acquisition of US seed and weed-killer company Monsanto. The EC, which polices competition in Europe, said it has concerns that the merger may reduce competition in areas like pesticides and seeds. “We need to ensure effective competition […]

EU: Bayer files for Monsanto takeover approval with regulators

EU: Bayer files for Monsanto takeover approval with regulators

Bayer has filed a request for approval of its planned US$66 billion takeover of US seeds company Monsanto with European Union regulators, as suitors line up for assets that Bayer will sell to get the approval by year-end. BASF said it was hoping for a bargain among antitrust-related selloffs and might overcome its traditional reluctance […]

EU: Bayer CEO says talks with EU over Monsanto are productive

EU: Bayer CEO says talks with EU over Monsanto are productive

Bayer’s chief executive said talks with the EU Commission over the antitrust scrutiny of the German drugmaker’s planned takeover of US seeds maker Monsanto were “very good and constructive”, confirming a target to wrap up the deal by year-end. Bayer still expects to be able to file for regulatory approval in Europe by the end of […]

US: Bayer to divest Liberty brand ahead of Monsanto merger

US: Bayer to divest Liberty brand ahead of Monsanto merger

Bayer plans to sell off one of its crop protection brands to appease antitrust regulators reviewing its proposed merger with US rival Monsanto. Reuters reports that regulators in South Africa required that the German chemical and pharmaceutical giant to divest its Liberty brand of herbicides and LibertyLink seed traits. The system — both the herbicide […]