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Germany’s Bayer Offers $62 Billion in Cash to Buy Monsanto

Bayer makes $62 billion cash offer for Monsanto

  • The company previously sought to buy Swiss pesticide maker Syngenta AG, but had to abandon the $43.7 billion bid in August after the other company refused to agree to a deal.
  • Bayer AG made an unsolicited $62 billion all-cash offer to acquire Monsanto Co. and create the world’s biggest supplier of farm chemicals and genetically modified seeds, disclosing the terms of its bid amid investors’ growing concern that it might overpay.
  • The German company also expects earnings to be bolstered by savings of about $1.5 billion from the fourth year following the deal.
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  • The two companies are engaged in “constructive discussions,” the CEO said.

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@business: “Bayer makes $62 billion cash offer for Monsanto”


Bayer AG made an unsolicited $62 billion all-cash offer to acquire Monsanto Co. and create the world’s biggest supplier of farm chemicals and genetically modified seeds, disclosing the terms of its bid amid investors’ growing concern that it might overpay.


Germany’s Bayer Offers $62 Billion in Cash to Buy Monsanto

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