Replies to post #15306 on The Rising Influence of Rising Affluence

[DewDiligence]

MON +2% on Bayer’s $7B divestiture to BASF to satisfy antitrust regulators:

https://finance.yahoo.com/news/basf-buy-seeds-herbicide-businesses-060153828.html

The EU still hasn’t approved the Bayer-MON merger, but investors think Bayer’s divestiture makes it more likely.

[DewDiligence]

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.