India: CCI pall over Bayer-Monsanto deal may hinder the process globally

India: CCI pall over Bayer-Monsanto deal may hinder the process globally

A Monsanto logo is pictured in the company headquarters in Morges, Switzerland, May 25, 2016. REUTERS/Denis Balibouse

Bayer AG is confident it would get approval from the Competition Commission of India (CCI) for its proposed buyout of Monsanto, without which the global deal could get stalled, the German drugs and crop chemicals company’s South Asia representative Richard van der Merwe said on Tuesday.

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