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Bayer explores $40bn bid for Monsanto

23/05/2016

The Financial Times

Bayer, Germany’s massive chemical and drugs company, is exploring a more than $40bn bid to buy US agribusiness Monsanto, in what would be the latest blockbuster combination among the world’s biggest providers of seeds and crop chemicals to farmers. Bayer, which has a market value of €79bn, has been for weeks studying potential takeover structures with financial advisers that could led to a successful takeover of Monsanto, which is best known for its chemical spray Round-Up, the product which underpins its large genetically modified seeds business.

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