Bayer plans to complete the acquisition of Monsanto on June 7, following the receipt of all required approvals, in India and abroad, from regulatory authorities for the $63-billion combination of the two multinational companies.
Globally, Bayer will remain the company name; all acquired products will retain their brand names and become part of the Bayer portfolio.
In this country, Bayer CropScience Ltd and Monsanto India Ltd are both listed on the stock exchanges. Bayer stated: “Both companies will continue to operate independently. The relevant bodies of both entities will review the best possible option on the integration.”
However, in a board meeting last