Monsanto rejects Bayer’s $62bn offer

According to Monsanto Chief Executive, stated that the company’s proposal significantly undervalued the company and did not adequately address or provide reassurance for some of the potential financing and regulatory execution risks related to the acquisition.

Source: Bloomberg

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: