After months of negotiations, Bayer AG and Monsanto Company today signed a definitive merger agreement to create a “Global Leader in Agriculture.” The $128 per share all-cash transaction, represents a 44 percent premium to Monsanto shareholders and an aggregate value of $66 billion – so it’s a really big deal. Following a one hour global press conference, Liam Condon of …
Bayer and Monsanto Officials Discuss Agreement
Officials with Bayer AG and Monsanto Company held a press conference this morning on the announced merger agreement. Participants in the press conference included Werner Baumann, CEO of Bayer AG; Hugh Grant, Chairman and Chief Executive Officer of Monsanto (both pictured here); and Liam Condon, head of the Crop Science Division. Download and listen here: Most of Q and A:
#IFAJTour16 – Part 12 – Bayer Phytobac
Here is my final episode in a series from tour stops during the 2016 IFAJ Congress in Germany. In this program David Lembrich, Product Stewardship Manager at Bayer gives us an overview of the Bayer Phytobac system. This is a system Bayer has created to prevent contamination of surface waters. An example would be a crop protection products. Any pesticides …
Bayer-Monsanto Deal is Done
Bayer and Monsanto today announced that they signed a definitive merger agreement under which Bayer will acquire Monsanto for $128 per share in an all-cash transaction. Monsanto’s Board of Directors, Bayer’s Board of Management and Bayer’s Supervisory Board have unanimously approved the agreement. Based on Monsanto’s closing share price on May 9, 2016, the day before Bayer’s first written proposal …
Bayer Continues Investment in #FutureFarming
Bayer and Monsanto today announced that they signed a definitive merger agreement under which Bayer will acquire Monsanto for USD 128 per share in an all-cash transaction. But “no comment” was the refrain last week when agricultural journalists were at Bayer headquarters in Leverkusen, Germany last week to talk about the future of farming. It was a fantastic event coordinated …
Apply for the Global Youth Ag Summit
Bayer, along with two Belgian young farmers associations, Groene Kring and Fédération des Jeunes Agriculteurs (FJA), are inviting young thought leaders from around the world to apply to attend the third Global Youth Agriculture Summit from October 9 to 13, 2017 in Brussels, Belgium. Interested young leaders, aged 18 to 25, are invited to apply for participation. Essay applications will …
#IFAJ2016 Tour – Part 11 – Bayer Wheat
In this next episode of my stories from the 2016 IFAJ Congress Bayer Tours we’re going to learn about wheat production. In this ForwardFarm tour stop Cristiane Henk talks about Bayer crop protection products for wheat on the Damianshof Farm. Wheat is the biggest crop in the world in case you didn’t know that. Wheat can be affected by many …
Bayer Holds #FutureFarming Dialog at Headquarters
Giving a keynote address to about 200 agricultural journalists this week in Leverkusen, Germany at the Future of Farming Dialog 2016 was Liam Condon, President of the Bayer Crop Science Division. There were three key areas to Condon’s address: challenges in agriculture, innovation and sustainability. He started out with a statement that he can not comment on the negotiation between …
Latest Bayer offer to Monsanto
Here’s the latest update on the proposed Bayer acquisition of Monsanto with published statements from each. From Bayer: Bayer confirms advanced negotiations with Monsanto concerning a proposed transaction. While key terms and conditions have not yet been agreed, Bayer would be prepared to provide a transaction consideration of USD 127.50 per Monsanto share only in connection with a negotiated transaction. …
#IFAJ2016 Tour – Part 10 – Bayer Bee Habitat
You might think bees just live in hives. You would be wrong. They live all over the place. I got some up close and personal looks at this during the IFAJ Bayer Tour that included having Dr. Patrick Lind, employed at FlächenAgentur Rheinland GmbH, show us different places and reasons for bee habitat on the Damianshof Farm. There are a …