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    Bayer-Monsanto Deal Would Forge New Agricultural Force

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    mudra

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    Bayer-Monsanto Deal Would Forge New Agricultural Force

    Post  mudra on Sun Sep 25, 2016 11:05 am

    Bayer-Monsanto Deal Would Forge New Agricultural Force

    The German pharmaceutical and chemical conglomerate aims to add Monsanto’s world-leading position in seeds and crop genes to its stable

    Monsanto Co. agreed to sell itself to Bayer AG after months of haggling, in a $57 billion deal that would create an agricultural powerhouse and end the independence of one of the most successful and controversial companies in the U.S.

    If regulators approve the deal, which was unveiled Wednesday, the German pharmaceutical and chemical conglomerate would inherit Monsanto’s market-leading position in seeds and crop genes. That would tilt Bayer heavily toward agriculture in a long-range bet on high-tech crops to sustain a growing global population.

    read on: Arrow http://www.wsj.com/articles/bayer-and-monsanto-expected-to-announce-takeover-1473839357

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