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Bayer-Monsanto mega-merger

11th Jun 2018 — After two years of negotiations, Bayer has become the sole shareholder of Monsanto. The Monsanto company name will cease to exist. Over the past few years, Bayer has slowly distanced itself from the polymer business and concentrated on pharmaceutics and agriculture. The latter doubled in size after the Monsanto acquisition, becoming as large as the company’s pharma section. With the approval of the Bayer-Monsanto merger, only three companies will be in control of nearly 60 per cent of the world’s seeds and nearly 70 per cent of the agrochemicals and pesticides.   [source]