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Bayer-Monsanto merger moves closer: Bayer ready to sell off vegetable seed business for green light

The Bayer-Monsanto deal has been facing some tough EU scrutiny over the last few months, but speculation is mounting that the so-called “mega-merger” will get the green light as Bayer makes a commitment to sell its entire vegetable seed business to win over anti-trust approval and seal the US$60bn-plus deal. The industry is watching closely as it looks highly likely the EU will conditionally approve the tie-up between the German drug and crop chemicals maker and US-based giant.

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