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DewDiligence

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DewDiligence

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Re: DewDiligence post# 15306

Wednesday, 11/22/2017 3:52:53 PM

Wednesday, November 22, 2017 3:52:53 PM

Post# of 29260
Bayer-MON deal possibly delayed even longer due to regulatory review in Brazil:

https://finance.yahoo.com/news/brazils-review-bayers-monsanto-takeover-195224623.html

Brazil's antitrust agency Cade could extend by as much as 90 days its analysis of the proposed takeover of seeds company Monsanto Co. by Bayer AG, according to a regulatory filing posted on the watchdog's website on Wednesday. This could in turn push back until late March a ruling from the agency.

…Under Brazilian law, Cade has a maximum of 330 days to make a final decision on any merger. Its review of the Bayer-Monsanto deal started on April 24 [2017].

Brazil is the world’s #2 country in agriculture (after the US) and is also MON’s #2 country in product sales.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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