GFM Network News


Bayer wins EU approval for Monsanto buy

Reading Time: 2 minutes Brussels | Reuters — German conglomerate Bayer won EU antitrust approval on Wednesday for its US$62.5 billion buy of U.S. peer Monsanto, the latest in a trio of mega-mergers that will reshape the agrochemicals industry. The tie-up is set to create a company with control of more than a quarter of the world’s seed and […] Read more

Bayer offers asset sales for EU approval of Monsanto deal

Reading Time: < 1 minute Brussels/Frankfurt | Reuters — Bayer has offered to sell seeds and pesticides businesses to try to address EU competition concerns over its US$63.5 billion bid for U.S. rival Monsanto. The proposed remedies “are very significant and we are confident they fully address the European Commission’s concerns,” the German company said in a statement on Monday. […] Read more


EU review of Bayer’s Monsanto bid postponed further

Reading Time: 2 minutes Frankfurt/Brussels | Reuters — Bayer’s quest to win regulatory approval for its planned takeover of Monsanto ran into further delays on Monday as European Union antitrust investigators extended their investigation by five working days until March 12. The ongoing proceedings would have given the German drugs and pesticides maker until midnight on Monday to offer […] Read more

EU regulators reported as set to warn Bayer on Monsanto bid

Reading Time: < 1 minute Brussels | Reuters — EU antitrust regulators are set to warn Bayer its planned purchase of U.S. seed maker Monsanto may hurt competition, a person familiar with the matter said on Friday, a move that would force Bayer to offer concessions to address the concerns. The US$66 billion deal would make Bayer the world’s largest […] Read more


EU clears ChemChina’s Syngenta takeover, with conditions

Reading Time: 2 minutes Brussels | Reuters –– ChemChina won conditional EU antitrust approval on Wednesday for its US$43 billion bid for Swiss pesticides and seeds group Syngenta, a deal that could help China boost its domestic agricultural output. The deal is one of several reshaping the agricultural chemicals and seeds market, even as these deals trigger fears among […] Read more

Asset sale plan secures EU backing for Dow, DuPont merger

Reading Time: 2 minutes Reuters — Dow Chemical and DuPont won the blessing of the European Union for their US$130 billion merger on Monday by agreeing to sell substantial assets including key research and development activities. The European Commission had been concerned that the merger of two of the biggest and oldest U.S. chemical producers would leave few incentives […] Read more


EU regulators said set to clear Dow, Syngenta deals next week

Reading Time: < 1 minute Brussels | Reuters — EU antitrust regulators are set to clear the US$130 billion Dow Chemical and DuPont merger and ChemChina’s US$43 billion bid for Syngenta next week, people familiar with the matter said Thursday. The European Commission could announce its approvals for both companies at the same time either Monday or Tuesday, the people […] Read more

EU regulators reported set to clear Dow, DuPont deal

Reading Time: 2 minutes Brussels | Reuters — Dow Chemical and DuPont are set to win EU antitrust approval for their US$130 billion merger, two people familiar with the matter said on Wednesday. The deal, which still needs approval from U.S. and other regulators, has faced intense scrutiny from the European Commission. Of particular concern is combining the two […] Read more


EU said set to approve ChemChina bid for Syngenta

Reading Time: < 1 minute Brussels | Reuters — ChemChina is set to secure conditional EU antitrust approval for its US$43 billion bid for Swiss pesticides and seeds group Syngenta, two people familiar with the matter said on Thursday. The deal — the largest foreign acquisition by a Chinese company — is important for China, the world’s largest agricultural market, […] Read more

Syngenta slumps after EU watchdog sparks ChemChina deal doubts

Reading Time: 2 minutes Brussels/Zurich | Reuters — Syngenta shares fell more than nine per cent on Monday after the European Commission triggered doubts about Chinese state-owned chemical company ChemChina’s US$43 billion bid for the Swiss pesticides and seeds group. The companies met with the EU antitrust authority a week ago in a bid to allay competition concerns about […] Read more