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RSS FeedsBayer: Conditions for beginning Monsanto integration fulfilled
(WorldNews Germany)

 
 

16 august 2018 15:26:54

 
Bayer: Conditions for beginning Monsanto integration fulfilled
(WorldNews Germany)
 


Leverkusen, August 16, 2018 - The integration of Monsanto into the Bayer Group can begin following the completion on Thursday of the divestment by Bayer to BASF of certain Crop Science businesses with a total sales volume of around 2.2 billion euros. Bayer already became the sole owner of Monsanto Company on June 7, 2018. One of the requirements of the U.S. Department of Justice was that Bayer and Monsanto remain separate companies and continue to operate separately until completion of these divestments to BASF, and that has now taken place. The acquisition of Monsanto gives rise to a leading agriculture company with a high level of innovative strength, a strong product portfolio and the...


 
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