GFM Network News


Elanco gets EU’s conditional antitrust OK for Bayer deal

Approval calls for sale of Vecoxan brand, among others

Reuters/Staff — Elanco Animal Health secured antitrust clearance on Monday from the European Union to buy Bayer’s veterinary drugs unit, after pledging to sell some products to address competition concerns about the US$7.6 billion deal. The European Commission said the companies will sell either Elanco or Bayer’s products or those in the pipeline, including licenses, […] Read more

EU plans to halve pesticide use, expand organic farming

Brussels | Reuters — The European Commission said on Wednesday it planned to increase organic farming and cut agricultural chemical use to protect the environment, proposals welcomed by green groups but which farmers said would make them less flexible. Agriculture is a contributor to climate change – producing around 10 per cent of EU greenhouse […] Read more


EU sets out COVID-19 support for farmers

Moves meant to stabilize markets

Brussels | Reuters — The European Commission proposed measures on Wednesday to support farmers hit by the coronavirus restrictions, including aid to store surplus dairy and meat products. Under the proposals, the Commission will grant aid for private storage of milk powder, butter and cheese as well as beef, sheep and goat meat for a […] Read more



EU nations back ban on all outdoor neonic use

Brussels | Reuters — European Union countries backed a proposal on Friday to ban all use outdoors of insecticides known as neonicotinoids that studies have shown can harm bees. The ban, championed by environmental activists, covers the use of three active substances — imidacloprid, developed by Bayer CropScience; clothianidin, developed by Takeda Chemical Industries and […] Read more



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

German coalition deal sets no timetable to end glyphosate use

Hamburg | Reuters –– Germany’s draft coalition government deal includes a goal of ending use of glyphosate herbicide within the country, but gives no time frame, after Berlin swung a vote in November extending its use across the European Union. The timing of an end to glyphosate use has been highly controversial in Europe amid […] 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