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Last September, Monsanto accepted an offer from Bayer to $57 billion to its shareholders and assume $9 billion in debt. Monsanto was founded in St. Louis in 1901 by John Francis Queeny.
Bayer is making another push to resolve lawsuits linking the popular weedkiller Roundup to cancer, while exploring a bankruptcy filing for its Monsanto agriculture business in case the settlement ...
Bayer’s woes stem from its 2018 purchase of Monsanto, the maker of Roundup, for $63 billion in cash. Since the deal was announced in 2016, Bayer’s shares have plunged more than 60 percent.
Nearly two years after Bayer’s acquisition of Monsanto was first announced, the financial part of the $63 billion merger was finally completed Thursday.
FRANKFURT, Germany — U.S. seedmaker Monsanto agreed to a $66 billion buyout deal with Germany's Bayer to create a global agricultural and chemical giant.
Monsanto was trading relatively flat early Wednesday, at $106.67. Bayer was trading for $96.98, up nearly 4 percent.
LOUIS -- Monsanto Co. shareholders Tuesday overwhelmingly approved a $57 billion merger with Bayer AG, a deal that would combine two of the world's biggest agricultural companies.
German drug and chemicals company Bayer AG says it has made a $62 billion offer to buy U.S.-based crops and seeds specialist Monsanto Company. Bayer said Monday, May 23, 2016 that the all-cash ...