Insights and Stories on Bayer

Apr. 16, 2018 at 7:27 pm CDT

Frankfurt | Reuters — German drugmaker Bayer is raising three billion euros (C$4.67 billion) toward its planned US$62.5 billion takeover of seed and chemical firm Monsanto by selling a 3.6 per cent stake to Singapore’s state investment company Temasek. Bayer said it had struck a deal with Temasek under which […]

By Ludwig Burger

Apr. 11, 2018 at 9:04 pm CDT

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 […]

By Ludwig Burger

Apr. 9, 2018 at 3:01 pm CDT

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 […]

By Reuters

Mar. 21, 2018 at 10:21 am CDT

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 […]

By Foo Yun Chee

Mar. 13, 2018 at 3:29 pm CDT

Beijing | Reuters — Bayer on Tuesday secured conditional approval from China’s commerce ministry for its planned acquisition of the world No. 1 seed company Monsanto, chalking up a victory in an onerous struggle to win over watchdogs across the globe. The ministry also ordered the German drug and crop […]

By Reuters