EU extends review of Bayer-Monsanto | August 7, 2017 Issue - Vol. 95 Issue 32 | Chemical & Engineering News
Volume 95 Issue 32 | p. 12 | Concentrates
Issue Date: August 7, 2017

EU extends review of Bayer-Monsanto

Department: Business
Keywords: mergers & acquisitions, Monsanto, Bayer, agchem

The European Commission has extended its initial review of Bayer’s planned $66 billion acquisition of Monsanto by two weeks, to Aug. 22. The review is to evaluate the impact of the planned acquisition on the European agricultural chemicals market. Bayer has already agreed with the commission that it will sell major assets to clear the way for the acquisition. Bayer says its acquisition remains on track to be completed by year-end.

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