Bayer Plans Closing of Monsanto Acquisition on June 7

Posted by Dan Jacobs|4 June 2018

Bayer plans to complete the acquisition of Monsanto on June 7, following the receipt of all required approvals from regulatory authorities.

“The acquisition of Monsanto is a strategic milestone in strengthening our portfolio of leading businesses in health and nutrition. We will double the size of our agriculture business and create a leading innovation engine in agriculture, positioning us to better serve our customers and unlock the long-term growth potential in the sector,” said Werner Baumann, Chairman of the Board of Management of Bayer AG.

Read the full release here.