Source: REUTERS, 2/5/18

Bayer (BAYGn.DE) has offered to sell seeds and pesticides businesses to try to address EU competition concerns over its $63.5 billion bid for U.S. rival Monsanto (MON.N). The proposed remedies “are very significant and we are confident they fully address the European Commission’s concerns,” the German company said in a statement on Monday.  The European Commission extended the deadline for its decision on the deal to April 5 from March 12. 

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