Bayer AG officials are “disappointed in Monsanto’s decision to reject its increased all-cash offer of USD 125 per share” made public last week. Monsanto’s Board of Directors unanimously rejected Bayer’s proposal as “financially inadequate and insufficient to ensure deal certainty.” The offer represents a 40 percent premium over Monsanto’s closing share price on May 9, 2016. In addition, Bayer has …
Bayer Spotlights Sustainability at #IFAJ2016
While the rest of the world is talking about Bayer’s bid to buy Monsanto, many representatives of the company are busy in Germany helping international journalists learn more about them and their sustainability efforts. Dr. Helmut Schramm, Managing Director for Bayer CropScience Deutschland, was on a panel talking about sustainability at the International Federation of Agricultural Journalists (IFAJ) Congress in …
Bayer Increases Monsanto Offer
Bayer has increased its all-cash offer to acquire Monsanto to USD 125 per share after additional information received in private discussions. Over the past several weeks Bayer has engaged in private talks with Monsanto. Following receipt of additional information Bayer has raised its all-cash offer to Monsanto shareholders from USD 122 to USD 125 per share verbally on July 1 …
July Kicks off @Bayer4CropsUS Showcase Days
Starting next week, growers around the country will have the opportunity to visit a local Bayer Showcase Days event to learn about the most recent advances in managing weed resistance; sudden death syndrome in soybeans; nematode pressure; and other agronomic challenges. The events will also feature seed traits, varieties and hybrids and demonstrate the success of various Bayer products used …
Social Media Award for @Bayer
One company that really “gets” social media in my opinion is Bayer. I’m not alone. The evidence comes in the form of some great recognition for their efforts. In this week’s program I talk with Bayer’s Jeff Donald about their use of social media on the ag side and how they measure success. The “Bayer gets scientifically social” campaign has …
Bayer and Planetary Resources Intend to Collaborate
Bayer has signed memorandum of understanding with aerospace technology company Planetary Resources. The document says Bayer intends to purchase data from Planetary Resources for the purpose of creating new agricultural products and improving existing ones. Using the combined technologies from the two companies, farmers can time their irrigation systems much better to save water, receive planting date recommendations and re-planting advice, …
Monsanto Rejects Bayer AG Bid
Responding to a $62 billion acquisition offer from Bayer AG, Monsanto Company has announced that its Board of Directors views the proposal as “incomplete and financially inadequate, but is open to continued and constructive conversations.” In a company release, Monsanto chairman and CEO Hugh Grant gave a short statement. “We believe in the substantial benefits an integrated strategy could provide …
Bayer Discusses Bid to Acquire Monsanto
Top Bayer company representatives held an international press conference this morning to discuss the contents of its private proposal to acquire Monsanto. In a May 10 proposal, Bayer made an all-cash offer to acquire all of the issued and outstanding shares of common stock of Monsanto Company for $122 US per share or an aggregate value of $62 billion. “We …
Simple Solutions from LibertyLink
Soybeans are no longer a simple crop to grow and market. With new traits still pending approval for export to other countries, and some elevators announcing they won’t accept specific traits, choosing the right soybean for your operation may be down right complicated. LibertyLink soybeans, however, offer a simple solution. These soybean traits have all been approved for domestic and …
Bayer Awards $150,000 Grant To National Ag Center
Bayer CropScience has announced increased support of the National Agricultural Center & Hall of Fame, through a $150,000 Bayer USA Foundation grant. This three-year grant will help create a new children’s exhibit within the Ag Center’s Children’s Agriculture Science Center. The new exhibit is set to open in 2018. Located in Bonner Springs, Kansas, the mission of the Ag Center …