Bayer to sell some seed businesses as part of Monsanto deal
Bayer AG plans to sell some cotton and canola seed businesses to calm fears antitrust regulators might have over its planned $66 billion buyout of Monsanto Co.
"In North America the combined market share in cotton is indeed quite high," Liam Condon, head of Germany-based Bayer's Crop Science division told German publication Taz, according to Reuters. "We anticipate that parts of this business may have to be divested."
He added that another "strong market position" in North America will emerge in...