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BAYER ASKS FOR MORE TIME

Bayer Tuesday asked the European Commission reviewing its $66 billion takeover of Monsanto for an extension from Jan. 8, 2018 to Jan. 22, 2018, further delaying the completion of the merger. The Commission last month began an in-depth look at the takeover, saying it was worried about competition in pesticide and seeds markets. Bayer initially planned to complete the deal by the end of 2017. (Reuters)

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