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Bayer is buying Monsanto in $66 billion deal

truthatallcost

truthatallcost

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" To clinch a deal, Germany's Bayer pumped even more money into its bid for the U.S. seed giant, valuing it at $66 billion, including debt.

It's the third time Bayer (BAYRY) has cranked up its offer, and this time it was enough to win the backing of Monsanto's board. The takeover would create a vast conglomerate spanning pharmaceuticals, health products and pesticides.

Announced Wednesday, the bid that sealed the deal is for $128 per Monsanto (MON) share, valuing the U.S. company's equity at about $56 billion. Bayer will also be taking on about $10 billion in debt.

The big obstacle the companies now face is getting the merger past regulators around the globe."

Bayer's $66 billion deal for Monsanto is biggest takeover of 2016 - Sep. 14, 2016

Bayer is attempting to takeover one of the most hated companies on earth. Bayer is planning on quietly killing the 'Monsanto' name, but will still sell those mutant seeds we've all come to know and distrust.

Thoughts?
Comments?
 
truthatallcost said:
" To clinch a deal, Germany's Bayer pumped even more money into its bid for the U.S. seed giant, valuing it at $66 billion, including debt.

It's the third time Bayer (BAYRY) has cranked up its offer, and this time it was enough to win the backing of Monsanto's board. The takeover would create a vast conglomerate spanning pharmaceuticals, health products and pesticides.

Announced Wednesday, the bid that sealed the deal is for $128 per Monsanto (MON) share, valuing the U.S. company's equity at about $56 billion. Bayer will also be taking on about $10 billion in debt.

The big obstacle the companies now face is getting the merger past regulators around the globe."

Bayer's $66 billion deal for Monsanto is biggest takeover of 2016 - Sep. 14, 2016

Bayer is attempting to takeover one of the most hated companies on earth. Bayer is planning on quietly killing the 'Monsanto' name, but will still sell those mutant seeds we've all come to know and distrust.

Thoughts?
Comments?
Click to expand...

It seems interesting that the buyer is headquartered in Germany, a country that is massively against Genetically Improved Organisms and has been trying to prevent their use since the beginning.
 
Bayer AG has opted to finance the acquisition of Monsanto Corp. primarily with debt to avoid a shareholder vote on the transaction, according to analysts.

The German chemical giant on Wednesday announced a tie-up that values the U.S. seed maker at $128 a share, or $66 billion including debt. The financing of the deal marks a shift away from Bayer’s previously conservative approach to mergers and acquisitions, analysts said.

This is due to Bayer’s decision to finance the transaction with a bridge loan of $57 billion that is underwritten by Bank of America Merrill Lynch, Credit Suisse AG, Goldman Sachs Group Inc., HSBC PLC and J.P. Morgan Chase & Co.
Click to expand...
Bayer Financed Monsanto Deal With Debt To Avoid Shareholder Vote, Analysts Say - CFO Journal. - WSJ

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American said:
We'll be sprinkling aspirin on our fields.
Click to expand...


Being good for America is not the point, spreading money around Wall Street is, bonuses have been way down. What is the commission on a $57 billion loan? It has to be sweet.
 
Bayer herbicides and insecticides usually do not work as well as other brands in my experience. Maybe this will improve their efficacy.
 
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