Bayer wins approval to buy U.S. seed and agrichemical giant Monsanto

WASHINGTON (Reuters) - Bayer <BAYGn.DE> won U.S. antitrust approval for its planned takeover of Monsanto <MON.N> on Tuesday on condition that it sell about $9 billion (6.8 billion pounds) in assets, the Justice Department said, clearing a major hurdle for the $62.5 billion deal.

(Reporting by Diane Bartz)