YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Russian antitrust authorities gave the green light to Bayer AG's proposed buyout of Monsanto.
The $62.5 billion deal was approved by the European Commission last month. It hasn't yet been approved by the U.S. Department of Justice, but the governing body is said to be nearing a decision to OK the purchase.
For Russia's approval, Bayer agreed to transfer to Russian recipients certain molecular breeding assets in several crops for a five-year period, among other concessions.
Read more from the St. Louis Business Journal.
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