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7.82044263705726E-05 0 7.82044263705726E-05 0 -0.000117306639555803 -0.000156408852741034 -0.000234613279111607 -0.000312817705482068
Stock impact report

Bayer plans to drop Monsanto name as mega-deal set to close this week [Business News Network (BNN) Energy & Resources (Canada)]

Monument Circle Acquisition Corp. - Class A (MON) 
Last monument circle acquisition corp. - class a earnings: 4/5 08:00 am Check Earnings Report
US:NYSE Investor Relations: monsanto.com/investors
Bayer plans to drop Monsanto name as mega-deal set to close this week Bayer AG is days away from a transformation into the world’s biggest maker of seeds and agricultural chemicals, saying it plans to close its purchase of Monsanto Co. this week. Once final regulatory approvals are in, the Leverkusen, Germany-based company plans to close the deal Thursday while raising as much as 26 billion euros (US$30 billion) in shares and bonds. Bayer will retain its name and drop Monsanto’s. The purchase is part of a multiyear transformation, as Bayer sold off its legacy plastics business and remade itself into a life-science company with half its sales from health and half from agriculture. It’s the third in a series of mega-deals in the industry, following Dow Chemical Co.’s merger with DuPont Co. and China National Chemical Corp.’s takeover of Syngenta AG. “The acquisition of Monsanto is a strategic milestone in strengthening our portfolio of leading businesses in health and nutrition,” Chief Show less Read more
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