Source: REUTERS, 8/1/17

The European Commission said Germany's Bayer (BAYGn.DE) had submitted commitments aimed at easing competition concerns over its $66 billion takeover of U.S. agrochemicals group Monsanto (MON.N), suggesting the company aims to avoid a lengthy review. The Commission said it had extended a deadline by two weeks, aiming to complete its initial review of the deal by Aug. 22.

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