Bayer Begins Integrating Monsanto After Merger Conditions Met
Mohammad Ali (@ChaudhryMAli88) Published August 16, 2018 | 09:18 PM
German chemicals and pharmaceuticals giant Bayer said Thursday it would begin integrating US seeds and pesticides maker Monsanto into its business, after meeting competition authorities' final conditions for the merger.
Frankfurt am Main, (APP - UrduPoint / Pakistan Point News - 16th Aug, 2018 ) :German chemicals and pharmaceuticals giant Bayer said Thursday it would begin integrating US seeds and pesticides maker Monsanto into its business, after meeting competition authorities' final conditions for the merger.
Even as its stock suffers over the American company's legal woes, the Leverkusen-based group said "the integration of Monsanto into the Bayer Group can begin" after it sold a final tranche of crop sciences businesses worth 5.9 billion Euros ($6.7 billion) to rival BASF, under concessions imposed by cartel watchdogs.
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