Southern Crop

Southern Crop

Bayer to Buy Monsanto in $66 Billion Deal

“It’s really important to highlight what we announced today is an agreement for the two companies to proceed together,” said Liam Condon, a member of the board of management of Bayer AG and head of the Crop Science Division.

More developments on the acquisition can be found here

 

Bayer has agreed to buy Monsanto for $66 billion in an all-cash transaction, creating one of the world’s largest agrichemical firms. “The acquisition is set to significantly reshape Bayer’s portfolio, moving the company away from its lucrative pharmaceuticals division.”

 

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