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
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
We mostly stock up on sandwich ingredients
Baked goods, cold meats, ham, salami and some kind of…
Read more >
Eisberg’s campaign to encourage healthy eating has started
We should consume at least five servings of vegetables or…
Read more >
BH AgrárTrend Index: the outlook for the Hungarian food industry has stabilized
The assessment of the situation of the actors of the…
Read more >
