Bayer receives US antitrust approval for US$66bn Monsanto bid

USA - Bayer’s US$66 billion takeover bid for the US based agrochemical and biotechnology corporation, Monsanto, has cleared the last major regulation hurdle by receiving US antitrust approval to form one of the largest agri-chemical conglomerates in the world. CNBC reported that the approval by the Justice Department was granted on condition that Bayer agreed…