Bayer completed the acquisition of Monsanto stock today but company leaders say it will take some time before they stop using the Monsanto name.
Bayer Crop Science Division President Liam Condon says, “Some authorities need a bit more time because of their regulatory procedures and this will take approximately two months, so in that time period, Bayer and Monsanto will continue to operate as two separate entities.”
Condon says until Bayer sells some of its assets to BASF over the next couple of months, Monsanto will continue to operate independently.
