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Bayer to sell digital farming business to clear way for Monsanto deal

Reuters  |  FRANKFURT 

By Ludwig BurgerFRANKFURT (Reuters) - Germany's Bayer plans to sell its digital farming business to BASF as part of changes to concessions it has offered to win over antitrust regulators for its proposed takeover of Monsanto.Bayer, which had previously only agreed to grant a licence to competitors, said on Wednesday that as part of the changes agreed with the European Commission it would retain a licence to certain digital farming applications. Digital farming, which combines sensors, software and precision machines, is still in its infancy but all the large players in the seeds and ...

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First Published: Wed, April 11 2018. 20:24 IST
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