Business Standard

EU extends antitrust study of Bayer bid for Monsanto to March 12

Image

Reuters BRUSSELS

BRUSSELS (Reuters) - European Union antitrust investigators said on Monday they had extended their investigation into Bayer's bid for Monsanto by five working days until March 12, without giving a reason.

The $66 billion deal would make Bayer the world's largest pesticides and seeds company, an outcome already facing strong criticism from environmentalists and some farm groups.

(Reporting by Foo Yun Chee, writing by Philip Blenkinsop; editing by Robert-Jan Bartunek)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 29 2018 | 7:54 PM IST

Explore News