Exhibit 634 ยท Press release
Justice Department Secures Largest Merger Divestiture Ever to Preserve Competition Threatened by Bayer's Acquisition of Monsanto (Press Release 18-698)
the largest merger divestiture ever required by the United States
DOJ required Bayer to divest businesses and assets of about $9 billion to BASF as a condition of its $66 billion purchase of Monsanto, including cotton, canola, soybean and vegetable seed businesses, the Liberty herbicide business, seed treatment businesses, pipeline R&D and the digital agriculture business. Says that without the divestitures the merger "would likely result in higher prices, lower quality, and fewer choices."
- Source
- DOJ Antitrust Division
- Date
- 29 May 2018
- Quoted from
- Paragraph 2 (Assistant Attorney General Makan Delrahim)
- Grade
- Primary record
- Document
- https://www.justice.gov/archives/opa/pr/justice-department-secures-largest-merger-divestiture-ever-preserve-competition-threatened
- Accessed
- 2026-11-09
- Cited by
- Findings citing this exhibit