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| Subject: Ugh: US forces Germany's Bayer to shed $9 billion in ag business in biggest ever antitrust sell-off Tue May 29, 2018 10:57 pm | |
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- Bayer has agreed to sell agricultural businesses and assets worth about $9 billion to chemical company BASF.
- The divestiture is the large antitrust-related divestiture ever, according to the Justice Department.
- The sell-off will allow Bayer to proceed with a proposed $66 billion of Monsanto.
https://www.cnbc.com/2018/05/29/bayer-will-sell-basf-9-billion-in-assets-to-allow-monsanto-purchase.html |
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