GFM Network News


Brazilian antitrust agency approves Bayer-Monsanto tie-up

Brasilia | Reuters — Brazilian antitrust agency Cade on Wednesday approved Bayer’s proposed takeover of U.S. seeds company Monsanto without requiring further asset sales beyond a global proposal announced last October. Cade’s commissioners voted 4-2 in favour of the tie-up under an agreement, negotiated between the companies and global antitrust agencies, that included the sale […] Read more

Brazil to open farmland, airlines to foreign buyers

Brasilia | Reuters — President Michel Temer will propose legislation to lift restrictions on foreign ownership of airlines and agricultural land in Brazil as he strives to pull the economy out of a two-year recession, government sources said on Monday. Temer’s centre-right government plans to send Congress a bill allowing 100 per cent foreign ownership […] Read more