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Wednesday, 30 May 2018

Bayer gets US Justice Department approval for acquiring Monsanto




Bayer AG has obtained conditional approval from the Antitrust Division of the United States Department of Justice (DOJ) for the proposed acquisition of Monsanto.
Bayer will become the sole shareholder of Monsanto Company following the receipt of outstanding approvals. According to the DOJ’s conditional approval, the integration of Monsanto into Bayer can take place as soon as the divestment to BASF has been accomplished. This is expected to be in approximately two months.

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