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German drug and crop chemical maker Bayer clinched a $66 billion takeover of U.S. seeds company Monsanto on Wednesday, ending months of wrangling with a third sweetened offer that marks the largest all-cash deal on record.
The $128-a-share deal, up from Bayer's previous offer of $127.50 a share, has emerged as the signature deal in a consolidation race that has roiled the agribusiness sector in recent years, due to shifting weather patterns, intense competition in grain exports and a souring global farm economy.
But the proposed merger will likely face an intense and lengthy regulatory process in the United States, Canada, Brazil, the European Union and elsewhere. Hugh Grant, Monsanto's chief executive, said Wednesday the companies will need to file in about 30 jurisdictions for the merger.
originally posted by: awareness10
a reply to: Op3nM1nd3d
These guys are frightening, i believe it was Bayer who infected a lot of people over seas, sorry forget the Country would have to find it, with the AIDS Virus.
originally posted by: MongolianPaellaFish
originally posted by: awareness10
a reply to: Op3nM1nd3d
These guys are frightening, i believe it was Bayer who infected a lot of people over seas, sorry forget the Country would have to find it, with the AIDS Virus.
Evidence please.
originally posted by: MapMistress
originally posted by: MongolianPaellaFish
originally posted by: awareness10
a reply to: Op3nM1nd3d
These guys are frightening, i believe it was Bayer who infected a lot of people over seas, sorry forget the Country would have to find it, with the AIDS Virus.
Evidence please.
That's a well established fact. Old news. Bayer intentionally sold HIV-infected blood products to hemophiliacs. The families of hemophiliacs in Japan and the United States sued Bayer and won. A court order was placed upon Bayer saying they could not sell their tainted blood products in the US or Japan.