A PYMNTS Company

EU: Commission resumes Bayer-Monsanto merger review

By  |  November 6, 2017

The European Commission has resumed its antitrust review of Bayer’s planned takeover of US seed maker Monsanto after the companies were given time to provide more information.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The new deadline for the Commission to decide over the deal is now March 5, the antitrust regulator said on Monday, November 6.

    In early October, European regulators pushed back the January 22, 2018 deadline on the Monsanto approval process so that the companies can garner information they have been asked for.

    Bayer has said it expected antitrust authorities to make the planned acquisition of Monsanto conditional on more asset sales after agreeing to sell seed and herbicide businesses for €5.9 billion (US$7 billion) to BASF.

    Full Content: Le Figaro

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.