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BAYER, MONSANTO LIKELY TO EXTEND DEAL

The Bayer-Monsanto merger likely won’t close by the end of 2017 as originally planned. Regulators in key markets including the EU, US, Brazil and India have yet to approve the $66 billion merger; under initial terms of the deal, Bayer pledged to pay Monsanto $2 billion if regulators blocked the deal. (Business-Standard)

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