Source: ST. LOUIS BUSINESS JOURNAL, 5/9/17
Bayer AG plans to sell its Liberty herbicide and LibertyLink seeds businesses in order to win regulatory approval for its pending $66 billion acquisition of Monsanto. The divestment of the two brands was required to gain approval from South Africa's Competition Commission, Reuters reports. The sale of the Liberty brands will be a large part of asset sales worth about $2.5 billion that Bayer must complete to gain … For more of this story, click here.
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