Insights and Stories of Foo Yun Chee

Jan. 29, 2018 at 7:40 pm CST

Frankfurt/Brussels | Reuters — Bayer’s quest to win regulatory approval for its planned takeover of Monsanto ran into further delays on Monday as European Union antitrust investigators extended their investigation by five working days until March 12. The ongoing proceedings would have given the German drugs and pesticides maker until […]

By Foo Yun Chee, Ludwig Burger

Dec. 8, 2017 at 6:30 pm CST

Brussels | Reuters — EU antitrust regulators are set to warn Bayer its planned purchase of U.S. seed maker Monsanto may hurt competition, a person familiar with the matter said on Friday, a move that would force Bayer to offer concessions to address the concerns. The US$66 billion deal would […]

By Foo Yun Chee

Apr. 5, 2017 at 12:02 pm CDT

Brussels | Reuters –– ChemChina won conditional EU antitrust approval on Wednesday for its US$43 billion bid for Swiss pesticides and seeds group Syngenta, a deal that could help China boost its domestic agricultural output. The deal is one of several reshaping the agricultural chemicals and seeds market, even as […]

By Foo Yun Chee

Mar. 27, 2017 at 1:45 pm CDT

Reuters — Dow Chemical and DuPont won the blessing of the European Union for their US$130 billion merger on Monday by agreeing to sell substantial assets including key research and development activities. The European Commission had been concerned that the merger of two of the biggest and oldest U.S. chemical […]

By Foo Yun Chee

Mar. 23, 2017 at 3:25 pm CDT

Brussels | Reuters — EU antitrust regulators are set to clear the US$130 billion Dow Chemical and DuPont merger and ChemChina’s US$43 billion bid for Syngenta next week, people familiar with the matter said Thursday. The European Commission could announce its approvals for both companies at the same time either […]

By Foo Yun Chee