CCI clears Bayer's deal for Monsanto

The Competition Commission of India (CCI) approved the acquisition of the main American seed Monsanto Co by Bayer AG, in a decision that brings the $ 62.5 billion agreement closer to the finish line. The German conglomerate Bayer is preparing to close the acquisition this quarter, giving it control of more than 25 percent of the global seed and pesticide market.

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