Despite Longer EU Commission Review, We Don’t Anticipate Major Changes to the Monsanto-Bayer Deal
The European Commission announced that it has opened an investigation into Bayer’s proposed acquisition of Monsanto that will focus on product overlap (and the subsequent market share increases from the deal). We don't expect the investigation to be completed before the end of the year. Although we have adjusted our expected deal closing timeline to the middle of 2018 from early 2018, we still assign roughly a three fourths probability that the deal will close as expected. We make no changes to ...
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