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Bayer CEO Werner Baumann (l) and Monsanto CEO Hugh Grant on Wednesday announced plans for a friendly merger in which Bayer will buy all Monsanto stock for US$128 per share. (PRNewsFoto/Bayer)
Crops, Reuters

Bayer clinches Monsanto with raised US$66 billion bid

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New York/Frankfurt | Reuters — German drugs and crop chemicals company Bayer has won over U.S. seeds firm Monsanto with an improved takeover offer of US$66 billion including debt, ending months of wrangling after increasing its bid for a third time. The $128 a share deal announced on Wednesday, up from Bayer’s previous offer of […] 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
(Bayer.com)
Crops, Reuters

Bayer offers to buy Monsanto in global ag chem shakeout

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Reuters — German drugs and chemicals group Bayer AG made an unsolicited takeover offer for U.S. seeds company Monsanto, aiming to create the world’s biggest agricultural supplier and integrate pesticides and seeds markets. Monsanto disclosed the approach on Wednesday before Bayer confirmed its move, though neither gave the proposed terms. Sources said Bayer would pay […] Read more

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