roumeliotis
Bayer makes move for Monsanto in global agrichemicals shakeout
May 19, 2016 by creative · Leave a Comment
By Greg Roumeliotis and Mike Stone NEW YORK (Reuters) – German drug and chemicals giant Bayer AG has made an unsolicited takeover offer for Monsanto Co, the world's biggest seed company, as high inventories and low commodity prices spur consolidation in the global agrichemicals industry. Monsanto disclosed the approach on Wednesday before Bayer confirmed its move, though neither released proposed deal terms. With Monsanto …
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Bayer makes move for Monsanto in global agrichemicals shakeout