GFM Network News


Bayer wins EU approval for Monsanto buy

Brussels | Reuters — German conglomerate Bayer won EU antitrust approval on Wednesday for its US$62.5 billion buy of U.S. peer Monsanto, the latest in a trio of mega-mergers that will reshape the agrochemicals industry. The tie-up is set to create a company with control of more than a quarter of the world’s seed and […] Read more

Bayer offers asset sales for EU approval of Monsanto deal

Brussels/Frankfurt | Reuters — Bayer has offered to sell seeds and pesticides businesses to try to address EU competition concerns over its US$63.5 billion bid for U.S. rival Monsanto. The proposed remedies “are very significant and we are confident they fully address the European Commission’s concerns,” the German company said in a statement on Monday. […] Read more


EU review of Bayer’s Monsanto bid postponed further

Frankfurt/Brussels | Reuters — Bayer’s quest to win regulatory approval for its planned takeover of Monsanto ran into further delays on Monday as European Union antitrust investigators extended their investigation by five working days until March 12. The ongoing proceedings would have given the German drugs and pesticides maker until midnight on Monday to offer […] Read more



EU clears ChemChina’s Syngenta takeover, with conditions

Brussels | Reuters –– ChemChina won conditional EU antitrust approval on Wednesday for its US$43 billion bid for Swiss pesticides and seeds group Syngenta, a deal that could help China boost its domestic agricultural output. The deal is one of several reshaping the agricultural chemicals and seeds market, even as these deals trigger fears among […] Read more

Asset sale plan secures EU backing for Dow, DuPont merger

Reuters — Dow Chemical and DuPont won the blessing of the European Union for their US$130 billion merger on Monday by agreeing to sell substantial assets including key research and development activities. The European Commission had been concerned that the merger of two of the biggest and oldest U.S. chemical producers would leave few incentives […] Read more



EU regulators reported set to clear Dow, DuPont deal

Brussels | Reuters — Dow Chemical and DuPont are set to win EU antitrust approval for their US$130 billion merger, two people familiar with the matter said on Wednesday. The deal, which still needs approval from U.S. and other regulators, has faced intense scrutiny from the European Commission. Of particular concern is combining the two […] Read more


EU said set to approve ChemChina bid for Syngenta

Brussels | Reuters — ChemChina is set to secure conditional EU antitrust approval for its US$43 billion bid for Swiss pesticides and seeds group Syngenta, two people familiar with the matter said on Thursday. The deal — the largest foreign acquisition by a Chinese company — is important for China, the world’s largest agricultural market, […] Read more