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Bayer Arranges Financing for Monsanto Acquisition

Dow Jones reports: Shares in Bayer AG (BAYN.XE) skidded early Wednesday after the company said it placed 4 billion euros ($4.28 billion) in convertible notes in the first step for financing its $57 billion acquisition of Monsanto Co. At 0918 GMT, Bayer traded 5.0% lower at EUR90.07. A trader said[…]

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