Bayer completes $63-billion Monsanto takeover

AFP|Updated: Jun 07, 2018, 06.58 PM ISTFRANKFURT AM MAIN: German chemicals and pharmaceuticals giant BayerNSE 0.00 % said Thursday its two-year pursuit of US-based MonsantoNSE 1.01 % was over, as the two firms signed off a $63-billion merger deal. "Shares in the US company will no longer be traded on the New York Stock Exchange, …

Bayer and Monsanto: a marriage made in hell

US agriculture giant Monsanto has agreed to a US$66 billion takeover by German chemical and pharmaceutical company Bayer. If the deal is approved by international regulators, Bayer-Monsanto will become the world’s biggest agribusiness, controlling 29 percent of the global seed market and 24 percent of pesticides. The companies have dismissed widespread concern about the deal …