Listen Now ButtonListen Live Now!

Mailing List ButtonSign up for our Mailing List!

Bayer Offers To Buy St. Louis Based Monsanto

Local

Bayer Offers To Buy St. Louis Based Monsanto

St. Louis, MO  (KTRS)  German based drug company Bayer is making an offer to buy Monsanto. Leverkusen-based Bayer said in a short statement Thursday that its executives had met recently with their Monsanto counterparts “to privately discuss a negotiated acquisition of Monsanto Company.” Bayer, whose farm business produces seeds as well as compounds to kill […]

Bayer Offers To Buy St. Louis Based Monsanto

St. Louis, MO  (KTRS)  German based drug company Bayer is making an offer to buy Monsanto.

Leverkusen-based Bayer said in a short statement Thursday that its executives had met recently with their Monsanto counterparts “to privately discuss a negotiated acquisition of Monsanto Company.”

Bayer, whose farm business produces seeds as well as compounds to kill weeds, bugs and fungus, says the proposed acquisition would help it “create a leading integrated agriculture business.”

Officials with the Creve-Couer based company say Bayer’s proposal is being reviewed.

The possible deal had been rumored for a week but it was the first comment from either company.
Monsanto has some 20,000 employees; Bayer 117,000 worldwide.

Share:
  • googleplus
  • linkedin
  • tumblr
  • rss
  • pinterest
  • mail

By News

Error, no group ID set! Check your syntax!