Thursday 28 March 2024
 
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Monsanto

Bayer takes over Monsanto in $63bn merger deal

German chemicals and pharmaceuticals giant Bayer said it has completed the acquisition of US-based seed and weed-killer maker Monsanto as the two firms signed off a $63-billion merger deal. "Shares in the US company will no l

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Bayer signs deal close to $66bn to buy Monsanto

Bayer won over Monsanto's management with a $128 per-share cash offer to acquire the global seed market leader, a person familiar with the matter said, in a move to command more than a quarter of the combined world market for seeds and pesti

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Bayer nears acquisition of Monsanto

Chemicals and healthcare group Bayer AG is poised to announce the acquisition of U.S. seeds company Monsanto on Wednesday for more than $66 billion, clinching the biggest deal of the year, people familiar with the matter said. By

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Monsanto rejects Bayer's offer, open to talks

US seed company Monsanto Co turned down a sweetened $64 billion acquisition offer from Bayer AG, but said it was open to further talks with the German healthcare and chemicals group as well as other parties. The widely expected re

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Monsanto to form sorghum JV with private company

US seed and agrochemicals company Monsanto Co said on Thursday it is selling its US sorghum production assets to Remington Holding Co and will roll its sorghum breeding business into a joint venture with the privately held company, in transactio

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Bayer defies critics with $62bn Monsanto offer

German drugs and crop chemicals group Bayer has offered to buy US seeds company Monsanto for $62 billion in cash, defying criticism from some of its own shareholders in a bid to grab the top spot in a fast-consolidating farm supplies industry.

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DuPont, Monsanto ink farmers’ seed agreement

DuPont and leading agricultural company Monsanto have announced a series of technology licensing agreements that will expand the range of seed products offered to farmers. The agreements include a multi-year, royalty-bearing licen

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Tumours found in rats fed with GM food

Rats fed a lifetime diet of Monsanto's genetically modified corn or exposed to its top-selling weedkiller Roundup suffered tumours and multiple organ damage, according to a French study published on Wednesday. Although the lea

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Superweeds pose threat to US crops

An estimated 11 million acres in the US are infested with “super weeds”, some of which grow several inches a day and defy even multiple dousings of the world’s top-selling herbicide, Roundup. The problem's gradual emergence has masked its

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Biotech firms in race to develop drought-proof corn

Biotech companies are racing against each other to develop new strains of corn and other crops that can thrive when water is in short supply. The global giants like Pioneer, Monsanto and Switzerland's Syngenta AG are the on

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