Morning Agenda: Bayer Offers to Buy Monsanto


BAYER OFFERS TO BUY MONSANTO Monsanto said on Wednesday that it had received a takeover bid from Bayer of Germany, Michael J. de la Merced reported in DealBook.

Monsanto did not disclose details of the offer, but said its board was reviewing the proposal. A merger would create a giant in antibiotics, genetically modified crop seeds and pesticides with an annual revenue of more than $67 billion.

There had been speculation about Bayer’s interest in Monsanto with crop prices falling. Dow Chemical and DuPont agreed to merge last year…

Morning Agenda: Bayer Offers to Buy Monsanto

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