Justice Department Approves Bayer-Monsanto Deal but Requires Asset Sales

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WASHINGTON—The Justice Division granted antitrust approval Tuesday to Bayer AG’s deliberate acquisition of Monsanto Co., after requiring the corporate to unload about $9 billion in belongings as a way to protect competitors.

The division stated the divestitures agreed to by Bayer are the most important ever in a U.S. merger-approval settlement. Rival BASF SE is shopping for the belongings.


Supply hyperlink – https://www.wsj.com/articles/justice-department-approves-bayer-monsanto-deal-but-requires-asset-sales-1527611108?mod=pls_whats_news_us_business_f

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