National Ag News

Bayer has reduced the value of its pending takeover of Monsanto by $2.5 billion.  In a St. Louis Business Journal article, Bayer’s chief financial officer says that makes the Monsanto deal now worth $63.5 billion.

In a Thursday conference call, Bayer Chief Executive Werner Baumann said money from the sale of some of Bayer’s Crop Science business to BASF will help fund the Monsanto acquisition.  Earlier this month Bayer announced the sale of its Crop Science business to BASF for about $7 billion to help address regulatory concerns with the Monsanto transaction.

Continue reading Bayer lowers value of Monsanto deal at Brownfield Ag News.