if you are interested in it , Get free samples :sales@edabearings.com

German Bayer (Bayer) (BAYGn.DE) acquisition of the world's biggest seed company Meng Shandou (MON.N) a case of the Ministry of Commerce on Tuesday to get China conditional approval, strive for a victory in the global regulatory approval of the merger of hard work in.
China's Ministry of Commerce has said that the additional restrictive conditions to approve Bayer's acquisition of Monsanto require the stripping of Bayer's vegetable seed business, non selective herbicide business and corn, soybean, cotton and Brassica characteristics business worldwide.
Bayer has pledged 5 billion 900 million euros ($7 billion 270 million) to sell part of the seed and herbicide business to BASF (BASF) (BASFn.DE), in order to eliminate the doubts of EU regulators. Bayer also negotiated exclusive negotiations with BASF on the sale of vegetable seed business.
In addition, Bayer also promised to allow all Chinese agricultural software application developers to connect their digital agriculture software applications to Bayer, Meng Shandou and the digital agriculture platform after China's application in China based on a fair, reasonable and non discriminatory clause.
Bayer's acquisition of Monsanto has been approved by the Brazil regulatory agency. Two weeks ago, news sources told Reuters that the case would be conditional on the European Union's antitrust agency.

---

PREVIOUS:The Fed is expected to raise interest rates this year to speed up Trump's tariff        NEXT:Investment and industry are strong in China's economy