The Bayer would pay 62 billion USD for Monsanto
Bayer AG offered 62 billion USD to buy Monsanto Co., deepening investor concern that it’s stretching its finances to become the world’s biggest seller of seeds and farm chemicals.
The May 10 written proposal to Monsanto offered 122 USD a share in cash, the Leverkusen, Germany-based company said in a statement on Monday. Bayer’s stock dropped as much as 4.1 percent, extending losses since the potential deal was first revealed. Monsanto shares posted muted gains, rising to109.75 USD in premarket trading in New York, signaling that investors remain skeptical about the deal. (nol.hu)
Related news
In 2023, the animals were fed mainly with fermented and fibrous bulk feed
In Hungary, 7,598,000 tons (100 percent coverage) of fodder were…
Read more >The agricultural council must show the main directions of the agricultural policy after 2027
The aim of the six-month Hungarian presidency of the Council…
Read more >Fresh Hungarian sweet corn is delicious both baked and boiled
Sweet corn is one of the hit vegetables of the…
Read more >Related news
Tetra Pak has announced that Alex Henriksen will be the managing director of the Eastern European region
Tetra Pak, one of the world’s leading food processing and…
Read more >Coca-Cola Hungary has developed new educational modules on waste circulation
After the online curriculum on the basics of the circular…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >