Bayer cuts Monsanto synergy target to $1.2 bln due to divestments
May 25, 2018 at 04:14 AM EDT
BONN, May 25 (Reuters) - Bayer said that combining with takeover target Monsanto will have positive synergy effects of about $1.2 billion on core earnings, less than the $1.5 billion initially targeted because more divestments were needed to get antitrust approval.