monsanto rejects bayer 62 bn bid as financially inadequate
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Monsanto rejects Bayer $62 bn bid as 'financially inadequate'

Arab Today, arab today

Arab Today, arab today Monsanto rejects Bayer $62 bn bid as 'financially inadequate'

New York economy
New York - Arab Today

 US agribusiness giant Monsanto rejected Tuesday the $62 billion takeover bid by Germany's Bayer AG as too low, but said it was willing to entertain further talks on a merger.

Monsanto said its board "unanimously views the Bayer AG proposal as incomplete and financially inadequate, but is open to continued and constructive conversations to assess whether a transaction in the best interest of Monsanto shareowners can be achieved."


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monsanto rejects bayer 62 bn bid as financially inadequate monsanto rejects bayer 62 bn bid as financially inadequate

 



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