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Tag Archives Monsanto

(Dave Bedard photo)
Crops

Monsanto says no to $64-billion question

Monsanto says Bayer's latest bid financially inadequate, but open to talks

By
(Reuters) — U.S. seed company Monsanto Co turned down a sweetened $64 billion acquisition offer from Bayer AG, but said it was open to further talks with the German healthcare and chemicals group as well as other parties. The widely expected rejection puts pressure on Bayer to sweeten its offer once again, at least enough […] Read more
(Dave Bedard photo)
Crops, Reuters

Bayer sweetens offer for hesitant Monsanto

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Reuters — German drug and crop chemical group Bayer on Thursday announced details of a sweetened US$64 billion bid for Monsanto as it tries to put the U.S. seed company under pressure to engage further. The move shows the two companies have made little progress in their negotiations since Monsanto rejected Bayer’s previous offer in […] Read more
(BASF.com)
Crops, Reuters

Monsanto reported exploring BASF ag unit buy

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Reuters — Seed company Monsanto, which rejected Bayer’s buyout offer in May, is exploring various transactions, including the acquisition of BASF’s agriculture-solutions unit, news service Bloomberg reported. In return, BASF would likely receive newly issued shares in Monsanto, Bloomberg said, citing people familiar with the matter. The discussions are at an early stage, and no […] Read more
DuPont’s headquarters in Delaware. (DuPont.com)
Crops, Reuters, Soybeans

Monsanto, DuPont sign supply deal for dicamba

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Chicago | Reuters –– U.S. seed and agrochemical companies Monsanto and DuPont said on Thursday they have signed a multi-year supply agreement for the weed killer dicamba in the U.S. and Canada. Under the deal, whose terms were not disclosed, Monsanto will supply its farm seeds and chemicals rival with the herbicide, which will be […] Read more
(Dave Bedard photo)
Crops, Reuters

Monsanto in talks with Bayer, others about ‘strategic options’

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Chicago | Reuters — Monsanto is in talks with Bayer and other companies regarding “alternative strategic options,” a month after it rejected the German company’s US$62 billion takeover offer, the U.S. seed producer said on Wednesday. Monsanto’s options include combinations with other companies and businesses in the sector beyond Bayer. Potential deals could involve BASF […] Read more
(Dave Bedard photo)
Crops, Reuters

EU officials to decide on Roundup after political impasse

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Brussels | Reuters –– An impasse between EU nations on whether to allow Monsanto’s Roundup and similar herbicides to continue to be sold means that the European Commission, rather than national politicians, will decide the issue next week. With most EU attention focused on Britain’s shock decision to quit the bloc, everyday work continued in […] Read more
Columns, Hart Attacks

Rocket man seeks rouging work

In the world of ag business, the dollar figures keep getting bigger and bigger

By
For anyone a bit reluctant to deal with large (about to get larger) multinational corporations for crop protection products, I am today launching Lee’s Hand Rouging Services — backed by years of experience, I will keep your fields weed free, without chemicals and you just have to deal with me. Of course at the rate […] Read more
(Bayer.com)
Crops, Reuters

Bayer ex-CEO reportedly opposed Monsanto deal

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Frankfurt | Reuters — Bayer ex-chief executive Marijn Dekkers opposed the company’s plans for a US$62 billion takeover of U.S. seeds firm Monsanto, German magazine Der Spiegel reported. Dekkers warned Bayer non-executive board chairman Werner Wenning against going ahead with the offer, Der Spiegel said in an excerpt of an article to be published on […] Read more

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