Bayer will not give up: a new offer for Monsanto
Bayer AG boosted its takeover offer for Monsanto Co. to about 65 billion USD bid to overcome the US seed company's resistance to the tie-up and join a parade of consolidation in the agriculture industry.
Bayer made the new 125 USD a-share offer verbally on July 1 and more formally eight days later, it said in a statement Thursday confirming an earlier report by The Wall Street Journal. The new bid represents a 3 USD-a-share bump from an earlier proposal Monsanto rejected as too low. (portfolio.hu)
Related news
Digitization contributes to increasing the competitiveness of the food industry
Technological development and the rise of IT tools can revolutionize…
Read more >
The offer of the domestic garden seed market exceeds 1,000 varieties
Work in the hobby gardens traditionally starts after Easter. About…
Read more >
Seed Association: the value of seeds purchased for small gardens is close to HUF 5 billion
Work in the hobby gardens starts after Easter; according to…
Read more >Related news
Tesco is making good progress with the sustainability project
Tesco is committed to sustainable operations and has set ambitious…
Read more >
Treasures of Regions – domestic delicacies on the shelves of SPAR
SPAR Hungary helps domestic small producers to enter the market…
Read more >
NGM: the lives of families are significantly affected by food and health expenses and fuel prices
According to the surveys, the most significant expenses of the…
Read more >
