Department Of Justice Clears Bayer/Monsanto Deal: WSJ

Bayer's proposed purchase of Monsanto will get the green light from the U.S. Department of Justice as the companies agreed to sell off additional assets, with the Wall Street Journal reporting that would include Bayer divesting itself of additional seed and seed-treatment assets and that it would make concessions on its digital agriculture business.The report said that BASF would acquire those assets. "As we’ve said from the beginning, this opportunity is about combining highly complementary businesses and bringing new innovative solutions to our customers," Bayer said in a statement. "We remain confident in our ability to obtain all necessary regulatory approvals and look forward to continuing to work diligently with regulators to support that process. We anticipate closing in second quarter 2018."