BREAKING | Bayer To Acquire Monsanto For $66 Billion

by | Sep 14, 2016 | Health, World News | 0 comments

BREAKING | Bayer To Acquire Monsanto For $66 Billion

The potential takeover of Monsanto by Bayer has been on the cards for a little while, however, many believed the process would never be allowed for monopoly rules.

We have just received news that the deal is to take place and Monsanto have accepted an offer of $66 Billion. This will make Bayer the biggest Agricultural GM Seed Giant in the World. It will also bring the profits from the taxes generated by the sale of Genetically modified foods into the hands of Europe, and thus encourage public acceptance of the technology.

USA Today reports:

Germany-based health and agricultural giant Bayer reached a deal to acquire seed and pesticide firm Monsanto for $66 billion in yet another jolt to a global agricultural sector that has been rocked by sluggish crop prices.

Bayer said Wednesday that it agreed to pay $128 per share in cash for St. Louis-based Monsanto after months of acquisition talks in which the pursuer sweetened its bid on multiple occasions.

Reuters :

Bayer’s move to combine its crop chemicals business, the world’s second-largest after Syngenta AG, with Monsanto’s industry-leading seeds business, is the latest in a series of major agrochemicals tie-ups.

The German company is aiming to create a one-stop shop for seeds, crop chemicals and computer-aided services to farmers.

Ceribalius

Ceribalius

Ceribalius is a pseudonym used by one of our writers, he/she is a digtial nomad and dedicated fighter of freedom and liberty. If there is something that needs saying which no one else is, he/she is the one to do it.
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments

Facebook Outage – Information Blackout Or Technical Catastrophe?

Facebook and its other sister applications, Instagram and WhatsApp, have been down for the best part of the day. It took some time for Facebook...

UK To Add Fluoride To Drinking Water – What You Need To Know

Millions of people are set to have fluoride added to their drinking water after Britain's chief medical officers found that it would help...

Pandemic of Propaganda – The Unvaccinated Are NOT Filling Up The Hospitals

"The Unvaccinated are filling up hospitals" and "It's a Pandemic of the Unvaccinated" are comments I'm seeing and hearing every day right now,...

Concern Over Menstrual Changes Following COVID-19 Vaccination

Changes to periods and unexpected vaginal bleeding after having a Covid vaccine should be investigated to reassure women, says a leading...

Winter’s Approaching – Are You Scared Yet?

Here in the northern hemisphere the days are beginning to shorten, the mornings are starting to show the first signs that winter is creeping up...

UK Vaccine Passports Abandoned? Not Likely, Flip-Flop Imminent

In recent days, we have been hearing reports that the UK Government will scrap 'Vaccine Passports'. From BBC News just yestrday: Plans to...

UK To Go Ahead With Vaccinating 12-15 Year Old’s Despite Scientific Concern

As predicted, the UK Government has given the go ahead to vaccinate all healthy 12-15 year olds. Chris Whitty today endorsed plans to vaccinate...

UK Government Preparing For The Largest Flu Vaccine Campaign Ever This Winter

As part of the UK Governments 'blueprint' for dealing with the pandemic this upcoming winter season, it is being hinted that we may see the...

Teenage Boys More At Risk From Vaccines Than Covid

Well, after covering this for the past few months, finally it seems the corporate media has jumped on board and covered this serious concern....

Biden Demands US Businesses Introduce Vaccine Mandates

The Biden administration will demand that US companies force employees to be vaccinated against Covid-19 or submit to weekly testing as part of...

Stay Connected - Subscribe Today

Thank you for subscribing!

Pin It on Pinterest