CFIUS clears Bayer’s planned takeover of Monsanto

Germany’s Bayer said which the Committee on Foreign Investment inside the United States (CFIUS) had no national security concerns about the drugmaker’s planned takeover of U.S. seeds group Monsanto, giving its go-ahead.

Bayer along with Monsanto will continue to cooperate with various other authorities to complete the transaction in early 2018, Bayer said in a statement on Friday.

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