Brazil pushes back decision on Bayer-Monsanto tie-up
In February, Bayer said it was aiming to get regulatory clearances and close the transaction before the end of 2017.
The extension of Cade’s review could push a decision to March 20. A ruling had initially been expected in late December.
Under Brazilian law, Cade has as many as 330 days to make a final decision on any merger. Its review of the Bayer-Monsanto deal started on April 24.
Read more at Reuters (Ana Mano)