Monsanto Archives - Page 18 of 27

Bayer ex-CEO reportedly opposed Monsanto deal

By Reuters, GFM Network News June 11, 2016

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

Crops, Reuters

Bayer waiting for Monsanto to engage after spurned bid

By GFM Network News June 10, 2016

Reuters — Monsanto, the world’s largest seed company, has still not opened its books more than two weeks after it rejected Bayer AG’s US$62 billion acquisition offer but left the door open to a possible deal, according to people familiar with the matter. The impasse shows that little progress in negotiations has been made since […] Read more

Crops, Reuters

Agrium sees opportunities from major merger talk

By Rod Nickel, GFM Network News June 8, 2016

Reuters — Agrium, North America’s largest retail seller of products for crop producers, could benefit if some of the biggest makers of seed and agricultural chemicals merge, CEO Chuck Magro said on Wednesday. Responding to a question during a company investor day in Toronto about how possible tie-ups of ChemChina and Syngenta, or of Bayer […] Read more

Crops, Reuters

BASF says not backed into corner by Bayer’s Monsanto swoop

By GFM Network News June 8, 2016

Ludwigshafen, Germany | Reuters — BASF, which has so far kept out of a consolidation push among global seeds and pesticides groups, said its business model was not affected by rival Bayer’s plans to buy Monsanto. “We are not backed into a corner by what is happening in the market,” the group’s deputy chief executive […] Read more

Crops, Reuters

EU countries refuse to back new licence for glyphosate

By GFM Network News June 6, 2016

Brussels | Reuters — EU nations refused to back a limited extension of the herbicide glyphosate’s use on Monday, threatening withdrawal of Monsanto’s Roundup and other weed-killers from shelves if no decision is reached by the end of the month. Contradictory findings on carcinogenic risks have thrust the chemical into the centre of a dispute […] Read more

Crops, Reuters

Germany to abstain in EU glyphosate vote next week

By Reuters, GFM Network News June 3, 2016

Berlin | Reuters — Germany will abstain in a European Union vote next week on the continued use of glyphosate in herbicides, because ministries run by different parties remain at odds over the chemical which some experts say could be carcinogenic. Contradictory findings on the carcinogenic risks of glyphosate have thrust the chemical into the […] Read more

Crops, Reuters

Bayer secures loan facility to fund Monsanto bid

By Reuters, GFM Network News June 2, 2016

Reuters — German drugs and crop chemicals group Bayer, which has made a US$62 billion bid for U.S. seeds company Monsanto, has secured a 60 billion-euro (C$87.75 billion, or US$66.9 billion) loan facility, business journal Handelsblatt reported Thursday. The loan facility can be expanded up to 75 billion euros (C$109.68 billion, or US$83.62 billion), the German […] Read more

Crops, Reuters

Monsanto rejects Bayer bid

By Reuters, GFM Network News May 24, 2016

Monsanto, the world’s largest seed company, has rejected Bayer AG’s US$62 billion acquisition bid as “incomplete and financially inadequate” but hasn’t slammed the door on further talks. Reuters on Tuesday quoted two unnamed sources as saying Monsanto can see the logic of combining with the German drugs and crop chemicals group, as per Bayer’s proposal […] Read more

Crops, Reuters

Bayer confirms US$62 billion cash offer for Monsanto

By Reuters, GFM Network News May 23, 2016

Frankfurt | Reuters –– German drugs and chemicals group Bayer AG said it had made an offer to buy U.S. seeds company Monsanto for US$122 per share in cash, or a total value of $62 billion including debt, to create the world’s biggest agricultural supplier. Bayer said on Monday that the proposal made to Monsanto’s […] Read more

Crops, Reuters

Rush for ag chem megadeals clogs regulatory path, worries farmers

By GFM Network News May 20, 2016

Reuters — As Bayer joins the agricultural sector’s scramble to consolidate, its bid for Monsanto may be a tipping point for U.S. farmers, federal lawmakers and regulators concerned the tie-ups may harm the farm economy. If Monsanto accepts Bayer’s unsolicited offer, experts say, the deal would inevitably trigger a review by federal antitrust regulators. But […] Read more

GFM Network News

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Tag Archives Monsanto

Bayer ex-CEO reportedly opposed Monsanto deal

Bayer waiting for Monsanto to engage after spurned bid

Agrium sees opportunities from major merger talk

BASF says not backed into corner by Bayer’s Monsanto swoop

EU countries refuse to back new licence for glyphosate

Germany to abstain in EU glyphosate vote next week

Bayer secures loan facility to fund Monsanto bid

Monsanto rejects Bayer bid

Bayer confirms US$62 billion cash offer for Monsanto

Rush for ag chem megadeals clogs regulatory path, worries farmers

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