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Industry News & Trends / Mergers & Acquisitions / Livestock Feed Manufacturing
on May 29, 2018

US approves Bayer-Monsanto deal, requires $9B divestiture

Bayer will sell agricultural business and assets to BASF

The U.S. Justice Department (DOJ) has approved the $66 billion merger of agribusiness giants Bayer and Monsanto, with the condition that the two companies sell off $9 billion in assets. In the largest divestiture ever required by the U.S., Bayer will sell its agricultural business and assets to competitor…

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