China has a standard road map for fixing state-owned giants that have gone off the rails: Create an even more inflated behemoth through a mega-merger, in the hope that the stronger business will be able to prop up the...
Chinese envoy says Syngenta takeover was a bad deal: report
Beijing’s ambassador to Switzerland said ChemChina’s $43 billion takeover of seed and agrochemicals firm Syngenta was a mistake, adding he would have tried to stop the 2017 deal had he been in Bern at the time, a...
CCI approves $66 bn Bayer-Monsanto merger, but with host of riders
The Competition Commission of India (CCI) has approved the mega merger of Bayer AG with Monsanto, albeit with certain conditions. CCI’s approval of the $66 billion deal, proposed in September 2016, will make the...
U.S. senators seek review of Marfrig’s deal to buy National Beef
Four U.S. senators asked a national security panel on Tuesday to review whether Marfrig Global Foods SA’s (MRFG3.SA) planned $969 million acquisition of Missouri-based National Beef Packing Co [NBEEF.UL] threatens the...
Bayer reaches deal with U.S. for approval to buy Monsanto – WSJ
The U.S. Justice Department will allow German drugs and pesticides group Bayer AG (BAYGn.DE) to acquire Monsanto Co (MON.N) in a $62.5 billion deal, after the companies agreed to sell more assets to win antitrust...
Bayer clears EU hurdle for $62.5-bn takeover of Monsanto with BASF sale
German conglomerate Bayer won EU antitrust approval on Wednesday for it’s $62.5 billion buys of US peer Monsanto, the last of a trio of mega-mergers that will reshape the agrochemicals industry. The tie-up is set...
EU review of Bayer’s Monsanto bid postponed further
Bayer’s (BAYGn.DE) quest to win regulatory approval for its planned takeover of Monsanto (MON.N) ran into further delays on Monday as European Union antitrust investigators extended their investigation by five working...
BASF to harvest seeds, herbicide businesses from Bayer for $7 billion
BASF has agreed to buy seed and herbicide businesses from Bayer for 5.9 billion euros ($7 billion) in cash, as Bayer tries to convince competition authorities to approve its planned acquisition of Monsanto. BASF, the...
Bayer offers concessions to EU Commission for Monsanto deal
The European Commission said Germany’s Bayer (BAYGn.DE) had submitted commitments aimed at easing competition concerns over its $66 billion takeover of U.S. agrochemicals group Monsanto (MON.N), suggesting the...
Germany sets EU tone with tighter curbs on foreign takeovers
Germany has become the first European Union country to tighten its rules on foreign corporate takeovers, following a series of Chinese deals giving access to Western technology and expertise. The new regulations will...
China M&A scrutiny to cast shadow on Asia deals volume
China’s outbound M&A volumes nearly halved in the first six months of 2017 following Beijing’s crackdown on capital outflows, data showed, and its new scrutiny of acquisitive groups, including Anbang and...
Chinese-owned Syngenta eyes Bayer assets to bolster seeds
Switzerland’s Syngenta, the crop protection company acquired by ChemChina, has vowed to bulk up its seeds business and join the chase for assets rival Bayer must sell to gain regulatory approval for its takeover...