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Bayer reports progress in talks with Russia over Monsanto deal

Reuters  |  MOSCOW 

MOSCOW (Reuters) - Bayer said on Wednesday progress was being made in talks with Russia's competition watchdog FAS over the company's planned takeover of Monsanto."We moved ahead in the negotiations with FAS towards a mutually beneficial agreement to support the competitiveness of Russian agriculture, including transfer of technologies," Bayer said in an emailed statement. "It is important that we have found common ground for the key milestones with the intent to approve the acquisition of Monsanto in the nearest future," Bayer said.The German company last month filed a lawsuit in a Russian ...

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First Published: Wed, March 14 2018. 22:14 IST