Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

womanofthehills

(8,718 posts)
Fri Jun 8, 2018, 12:55 AM Jun 2018

Bayer is now the sole owner of Monsanto




Thursday - June 7, 2018
Bayer closes Monsanto acquisition

Leverkusen, June 7, 2018 – Bayer successfully completed the acquisition of Monsanto on Thursday. Shares in the U.S. company will no longer be traded on the New York Stock Exchange, with Bayer now the sole owner of Monsanto Company. Monsanto shareholders are being paid 128 U.S. dollars per share. J.P. Morgan assisted Bayer with processing the purchase price payment for the largest acquisition in the company’s history. According to the conditional approval from the United States Department of Justice, the integration of Monsanto into Bayer can take place as soon as the divestments to BASF have been completed. This integration process is expected to commence in approximately two months.

http://www.press.bayer.com/baynews/baynews.nsf/id/Bayer-closes-Monsanto-acquisition
Latest Discussions»General Discussion»Bayer is now the sole own...