Bayer Wins U.S. Approval For Monsanto After Two-Year Quest

• Units worth $9 billion to be sold in biggest U.S. merger fix • Bayer expects Canada, Mexico decisions on merger in days

Bayer AGwon U.S. antitrust approval for its $66 billion takeover ofMonsanto Co., clearing the last major regulatory hurdle to forming the world’s biggest seed and agricultural-chemicals provider after a nearly two-year review.

The companies reached a settlement with the Justice Department that resolves the government’s concerns that the merger as initially structured would harm consumers and farmers, the U.S. said in a statement Tuesday. The agreement requires the sale of assets toBASF SE ...