German firm Bayer finalises buyout of US-based Monsanto

A Monsanto official during a past farmers training session in Nyeri. FILE PHOTO | NMG

Germany-based Bayer Group Company has completed the acquisition of Monsanto in a move that will affect shareholding of the local firm where Kenya’s businessman Chris Kirubi is a significant shareholder.

However, the two companies will have to operate independently for a period of about two months as a condition by the US Department of Justice for approval of the transaction.

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