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Title    Bayer AG Offers to Buy Monsanto
Date    Thursday May 19 2016, @09:55PM
Author    martyb
Topic   
from the seeds-of-a-takeover dept.
https://soylentnews.org/article.pl?sid=16/05/19/1425222

butthurt submitted a story which became:

Monsanto announced that it has received an unsolicited purchase offer from Bayer AG. The offer is under consideration by Monsanto's board of directors. The companies are both major sellers of pesticides and of seeds for crops. Monsanto's market capitalisation on 18 May was $42.43 billion.

According to Dow Jones Business News via NASDAQ:

Folding Monsanto's world-leading seed franchise and its trademark Roundup herbicide business into Bayer would create a company with a combined $68 billion in annual sales, marketing products ranging from Aspirin pain-relief pills to crop genetics that enable plants to withstand bugs and weedkillers. The combination would sell about 28% of the world's pesticides and about 36% of U.S. corn seeds and 28% of soybean seeds, according to Morgan Stanley estimates.

Coverage:

related story:
Cartoonist Fired for Criticizing Big Agriculture


Original Submission

Links

  1. "butthurt" - https://soylentnews.org/~butthurt/
  2. "market capitalisation" - https://finance.yahoo.com/q?s=MON
  3. "Dow Jones Business News via NASDAQ" - http://www.nasdaq.com/article/bayer-makes-takeover-approach-to-monsanto--update-20160518-01317
  4. " St. Louis Post-Dispatch " - http://www.stltoday.com/business/local/article_99690e52-399b-5371-bff3-5c639e69dfcf.html
  5. "Reuters" - http://www.reuters.com/article/idUSFWN18F0Q4
  6. "Motley Fool" - http://www.fool.com/investing/general/2016/05/18/bayer-offered-40-billion-for-monsanto-why-investor.aspx?source=isesitrf0000001
  7. " New York Times " - http://www.nytimes.com/2016/05/13/business/dealbook/a-bayer-monsanto-tie-up-could-be-a-bitter-pill.html
  8. "Bloomberg" - http://www.bloomberg.com/news/articles/2016-05-12/bayer-said-to-explore-bid-for-40-billion-seed-company-monsanto
  9. " USA Today " - http://www.usatoday.com/story/money/business/2016/05/12/report-bayer-exploring-monsanto-acquisition/84273680/
  10. "Fierce Pharma" - http://www.fiercepharma.com/pharma/bayer-s-interest-monsanto-reignites-talk-animal-health-sale
  11. " St. Louis Post-Dispatch " - http://www.stltoday.com/business/columns/david-nicklaus/article_9fae3d70-2726-5e62-b30d-a3ac74143a92.html
  12. "MarketWatch" - https://secure.marketwatch.com/story/monsanto-climbs-65-premarket-on-basf-takeover-speculation-2016-05-12
  13. "Cartoonist Fired for Criticizing Big Agriculture" - https://soylentnews.org/article.pl?sid=16/05/05/1142205
  14. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=13756

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printed from SoylentNews, Bayer AG Offers to Buy Monsanto on 2022-12-06 01:53:55