Bayer shells out $66 billion for Monsanto
According to Reuters, Bayer has won over U.S. seeds firm Monsanto with an improved takeover offer of around $ 66 billion, ending months of wrangling after increasing its bid for … Continue Reading →
Tag: Monsanto
EU approves Monsanto, Bayer genetically modified soybeans
According to Reuters, the European Commission has approved imports of Monsanto’s Roundup Ready 2 Xtend genetically modified soybean variety, after months of delays that had derailed the U.S. seed giant’s … Continue Reading →
Monsanto rejects Bayer’s latest $65 billion takeover offer
On July 9, Bayer submitted an updated proposal to Monsanto in which it raised its all-cash offer from $ 122 to $ 125 per share, a value of approximately $ … Continue Reading →
Bayer increases Monsanto offer to $65 billion
On July 9, Bayer submitted an updated proposal to Monsanto in which it raised its all-cash offer from $ 122 to $ 125 per share, a value of approximately $ … Continue Reading →
Monsanto rejects Bayer takeover offer of $62 billion
According to Reuters, Monsanto, the world’s largest seed company, has turned down Bayer AG’s $ 62 billion acquisition bid as “incomplete and financially inadequate,” but said it was open to … Continue Reading →
Monsanto to cut 2,600 jobs due to declining sales
According to Reuters, Monsanto has announced it will be eliminating 2,600 jobs in the next 18–24 months and restructuring operations to cut costs in a slumping commodity market that it … Continue Reading →
Syngenta rejects $45 billion Monsanto acquisition offer
According to Reuters, Syngenta has rejected a $ 45 billion takeover offer from Monsanto, saying the offer undervalued the Swiss firm and did not fully take into account regulatory risks. … Continue Reading →
Monsanto wheat farmers reach settlement agreement
Monsanto has entered into a settlement agreement with soft white wheat farmers in the Pacific Northwest who found genetically modified wheat on a farm in Eastern Oregon in May 2013 … Continue Reading →
Monsanto files suit against DuPont over seed development
According to Bloomberg, Monsanto Co., a global seed company, has filed a patent-infringement lawsuit against DuPont Co. and its Pioneer Hi-Bred unit over a way to develop new seeds more … Continue Reading →