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Bayer, Monsanto Face Global Review as Farmer Options Shrink

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  • Proposed takeover of Monsanto adds to sector’s deal frenzy
  • Companies seek global regulatory approval in 30 jurisdictions

Bayer Agrees to Buy Monsanto in $66 Billion Deal

Antitrust officials around the world who are already grappling with a wave of consolidation across agriculture will be forced to sort through a new layer of complexity now that Bayer AG has clinched a deal to buy Monsanto Co. to create a seed and crop-chemical giant.

In a sign of just how protracted the review will be, the companies said they will seek approval in 30 jurisdictions around the world, including the U.S., European Union, Canada and Brazil, and don’t expect to close until the end of 2017.