Bayer selling $9B in ag business ahead of Monsanto merger
Story Date: 5/30/2018

 

Source: WINSTON-SALEM JOURNAL, 5/29/18

German pharmaceutical giant Bayer AG has agreed to the U.S. government's demand that it sell about $9 billion in agriculture businesses as condition for acquiring Monsanto Co., a U.S. seed and weed-killer maker. Antitrust regulators at the Justice Department say it's the biggest divestiture ever required for a merger. 

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