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Bayer Agribusiness Deal Criticized

 Bayer Agribusiness Deal Criticized Bayer Agribusiness Deal Criticized

German firm Bayer’s acquisition of US seeds company Monsanto, if approved, would create the world’s largest agribusiness. But the deal has drawn criticism in India and sparked concerns among the nation’s farmers, DW reported. Following months of negotiations, Monsanto finally agreed to be bought by Bayer for a price tag of around $66 billion, the German company said Wednesday. Still, the proposed takeover is expected to face stiff opposition and intense scrutiny not only in the US and Europe, but also in places like India, where the two companies have a significant presence.

Financialtribune.com