Last week, the world learned that the U.S. Department of Justice (DOJ) had formally signed off on the proposed acquisition of U.S. crop protection/seed giant Monsanto by German-based Bayer, writes Eric Sfiligoj on CropLife.com. With Bayer promising to divest additional assets (namely, parts of its digital agriculture business), the U.S. has been added to list of countries around the globe, including members of the European Union, that have given the deal their blessing. Although Canada and Mexico have yet to weigh in, most market watchers believe the long-proposed Bayer-Monsanto deal will now become a reality, likely by the midpoint of 2018.
And this likely means that the name “Monsanto” will begin disappearing from the agricultural landscape. Indeed, when the deal was first proposed back in 2016, Bayer representatives hinted that they might not retain the Monsanto name ultimately.
Of course, the folks that might miss Monsanto’s name the most are the least likely – anti-agriculture activists.