The U.S. Justice Department will allow German drugs and pesticides group Bayer AG (BAYGn.DE) to acquire Monsanto Co (MON.N) in a $62.5 billion deal, after the companies agreed to sell more assets to win antitrust approval, the Wall Street Journal reported on.wsj.com/2GKhEGh on Monday.
Shares of Monsanto, the world’s biggest seed company, approached a four-year high on the news, before closing up 6.2 percent at $125.15. Continue reading “Bayer reaches deal with U.S. for approval to buy Monsanto – WSJ”


