Bayer, Monsanto negotiations advance with new bid

Bayer increases bid for Monsanto by 2% to $127.50 per share.

Monsanto confirmed Sept. 5 that it has been engaged in “constructive negotiations” with Bayer AG and that it has received a third, higher takeover bid. While key terms and conditions have not yet been agreed, Bayer said it is prepared to offer $127.50 per Monsanto share, or approximately $65 billion. The latest offer represents a 2% increase from Bayer’s last proposal.

Sources familiar with the matter told Reuters that both sides are gradually nearing consensus and that Monsanto ha

All access premium subscription

This content requires a subscription to Feedstuffs in order to access. If you are a paid subscriber, use your email and password to Log In now.


Current Feedstuffs Subscribers: Online and mobile access are now included at no charge to you. To read this article, use your subscriber email and password to log-in to your account (or contact us for assistance in updating your account.)


Not Currently a Subscriber: Subscribe NOW to Feedstuffs and receive our print and/or digital publications, enewsletters and premium online content. Visit Feedstuffs.com and click on Subscribe at the top of the page for more information.


SUBSCRIBE NOW https://circulation.feedstuffs.com/Publications.aspx


TO RENEW YOUR SUBSCRIPTION https://circulation.feedstuffs.com/SubscriptionOffers.aspx


Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish