German pharmaceutical and chemical giant Bayer completed its 63 billion dollar acquisition of American agrochemical and seed company Monsanto in June 2018, creating the world's largest supplier of seeds and pesticides. The deal, retiring the controversial Monsanto name, saddled Bayer with tens of billions of dollars in liabilities from tens of thousands of lawsuits alleging Monsanto's Roundup weedkiller causes cancer, badly damaging Bayer's share price for years afterward. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
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Monsanto, the acquired company, was a leading agricultural seed and agrochemical firm, making the merger a landmark event in the agriculture industry's consolidation.
Source Wikipedia, Agriculture
Source Wikipedia, Bayer Acquisition of Monsanto
The Bayer 2018 acquisition of Monsanto, financed with a large debt-funded cash offer, is a finance-practice case study in cross-border acquisition financing and post-merger liability risk.
Source Wikipedia, Bayer Acquisition of Monsanto
Companies Involved
Source Wikipedia, Bayer Acquisition of Monsanto
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1. Wikipedia, Bayer Acquisition of Monsanto
WikipediaLead section, Monsanto merger paragraph
In 2016, Bayer merged with the American multinational Monsanto in what was the biggest acquisition by a German company to date.
- Associated With: Bayer
- Associated With: Finance
- Companies Involved: Bayer
View the Source Wikipedia, Agriculture
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