Source: Tanjug | Wednesday, 25.05.2016.| 12:51
Highlight an article Print out the news

“Monsanto” refuses “Bayer” takeover offer

An American agribusiness company “Monsanto” refused on Tuesday, 24 May 2016, the 62 billion USD worth takeover offer made by the German pharmaceutical giant “Bayer”, estimating that it was “financially inadequate”.

“Monsanto”, however, said that they were willing to participate in further negotiations about merging the two companies, AFP informs.

The “Monsanto” board, the company claims, “is unanimous in its view of the 'Bayer' offer as incomplete and financially inadequate”.

The board is, however, “open to continue with constructive talks in order to estimate whether the transaction, which is in the best interest of 'Monsanto' shareholders, can be achieved”, the company states.

Only logged-in users can comment.
Follow the news, tenders, grants, legal regulations and reports on our portal.
Testiraj besplatno!
Register for our daily business bulletin, which is sent to your email address at the end of each work day.
Full information is available only to commercial users-subscribers and it is necessary to log in.
Test for free!
Testiraj besplatno!
Full information is available to commercial users-subscribers only.
Testiraj besplatno!

Log in to view complete information:
Forgot your password? Click here HERE
For free test use, click HERE