The proposed acquisition has since been scutinized by competition watchdogs around the globe, and still faces US regulatory approval.

    In an attempt to appease EU regulators, Bayer announced in October the sale of parts of its agrochemical business to German rival BASF, in a deal worth €5.7 billion.

    Earlier this month, BASF also committed to buying Bayer's vegetable seed business in a last-minute concession to Brussels.

posted by user-inactivated: 454 days ago