Friday

9th Dec 2016

Ticker

Germany's Bayer buys Monsanto

German chemical and pharmaceutical multinational Bayer has bought US seed company Monsanto, known in Europe for its promotion of genetically modified seeds for crops. Bayer announced the deal on Wednesday, with media reporting the takeover to cost around €58 billion. The deal is being hailed as one of the biggest takeovers ever, and can be expected to be scrutinized by the European Commission's anti-trust department.

News in Brief

  1. Council of Europe critical of Turkey emergency laws
  2. Italian opposition presses for anti-euro referendum
  3. Danish MP wants warning shots fired to deter migrants
  4. Defected Turkish officers to remain in Greece
  5. Most child asylum seekers are adults, says Denmark
  6. No school for children of 'illegal' migrants, says Le Pen
  7. Ombudsman slams EU Commission on tobacco lobbying
  8. McDonald's moves fiscal HQ to UK following tax probe

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