Bayer to sell e-agriculture business to BASF to buy over Montsanto

Bayer to sell e-agriculture business to BASF to buy over Montsanto

German pharmaceutical giant Bayer is to sell its e-agriculture activities to its competitor, BASF, to make it easier to obtain approval for its bid to take over Monsanto. Bayer confirmed on Wednesday that, as part of modifications to the commitments it made with the European Commission, the group will however keep its license for certain digital applications in the agriculture sector. On the 21st of March, the Commission authorized the conditional purchase of the U.S. chemical giant Montsanto by Bayer. The transaction was conditioned on Bayer’s selling off a huge…

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European Commission’s enters dialogue with Poland on rule of law

European Commission’s enters dialogue with Poland on rule of law

After a break in the dialogue between EU and Poland on the rule of law in the country, Commission Vice-President Frans Timmermans visited Poland last Monday to discuss the situation. “This was the first time we met in actual discussions,” he disclosed at a press briefing in Brussels yesterday. “We really have a genuine dialogue now,” he said and expected that Poland shortly will propose changes in its legislation which EU considers contradicts rule of law principles. Without entering into any details of his discussions in Poland, he repeated what…

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