Bayer’s deal to buy Monsanto may face scrutiny back home in Germany

The GLP aggregated and excerpted this blog/article to reflect the diversity of news, opinion and analysis.

Bayer faces a backlash against Germany’s biggest planned acquisition because of two products from the St. Louis-based company that are widely detested in the country: genetically modified seeds and the weedkiller Roundup…

“Germans view Monsanto as the main example of American corporate evil,” said Heike Moldenhauer, a biotechnology expert at German environmental group BUND. “It may not be such a good idea to take over Monsanto as that means incorporating its bad reputation, which would also make Bayer more vulnerable.”

A German Environment Ministry study released last month found 75 percent of citizens are against genetic engineering…

[…]

Several German hardware store chains… stopped selling products using glyphosate last year in the wake of a report from the World Health Organization’s International Agency for Research on Cancer…

[…]

Bayer’s plan “is a wrong signal for Germany and environmental protection,” [Renate Kuenast, Germany’s former agriculture minister] said in an e-mail. “Monsanto stands for glyphosate and agricultural bio-engineering and thus for a loss of biodiversity and good soils. It’s a folly we need to stop.”

Read full, original post:ย Bayer’s mega Monsanto deal faces mega backlash in Germany

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