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Bayer in 'exclusive talks' with BASF on seeds business to solve EU's Monsanto-deal concerns

( March 7, 2018, 11:50 GMT | Official Statement) -- MLex Summary: Bayer today said it was in “exclusive talks” with BASF about a sale of its “entire vegetable seeds business.” The German chemicals company said it was confident the sale would resolve “all concerns of the European Commission” about its proposed takeover of Monsanto. Bayer said it was working with authorities worldwide to complete the transaction in the second quarter.Full statement follows....

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