Bayer shares surged Tuesday following a report that the U.S. Justice Department has given its blessing on a deal to acquire Monsanto.
Bayer has agreed to sell additional seed and treatment assets to BASF and will make concessions related to digital agriculture.
Bayer's takeover of Monsanto would create a company that would own more than 25 per cent of the globe's seed and pesticides market.
Source : Steinbachonline