Monsanto rejected Bayer's takeover offer again
Monsanto formally rejected Bayer’s latest, about 65 billion USD takeover offer, saying the new offer still undervalues the company – portfolio.hu.wrote after MarketWatch.
After bidding 122 USD per share for Monsanto in May, Bayer raised its offer to 125 USD per share verbally on 1 July and more formally eight days later – the company said in a statement on 14 July. Bayer also said it had lined up financing from a group of banks, and pledged to pay Monsanto 1.5 billion USD if regulators torpedoed the deal. (portfolio.hu)
Related news
Hungary’s first refrigerated forest seed storage facility was handed over
On the one hand, forests are a solution to climate…
Read more >Diageo acquires nonalcoholic spirits brand Ritual
The company is expanding its presence in the zero-proof beverages…
Read more >The producer price of rapeseed rose by 11 percent
According to the United States Department of Agriculture (USDA), the…
Read more >Related news
Chocolate fever and spicy orders – this is how Hungarians celebrate Halloween
Special orders and new candy trends in Central Europe: intimate…
Read more >KSH: The sales prices of the food industry rose by 0.9 percent
In September, industrial producer prices were on average 0.9 percent…
Read more >This is how Hungarians paint their homes with their own hands, every five years, white
PPG Trilak mapped the painting habits of Hungarians, Czechs and…
Read more >