Bayer
Both companies have signed a contractual agreement to facilitate the import and distribution on a selective set of Bayer’s OTC medicine portfolio.
The German drugmaker had received all required approvals from regulatory authorities, it said in a statement on Monday.
The takeover would create a company with a share of more than a quarter of the world’s seed and pesticides market.
German Bayer announced a multi-billion-euro deal Friday to sell parts of its agrichemical business to rival BASF, easing the path of its planned takeover of US Monsanto.
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