Monsanto Still Unhappy With Bayer's Proposal

  • Author: ChemistryViews.org
  • Published: 19 July 2016
  • Copyright: Wiley-VCH Verlag GmbH & Co. KGaA
  • Source / Publisher: Bayer AG; Monsanto Company
  • Associated Suppliers: Bayer AG, Leverkusen, Germany | Monsanto, St. Louis, USA
thumbnail image: Monsanto Still Unhappy With Bayer's Proposal

Monsanto announced that its Board of Directors views Bayer’s revised proposal as financially inadequate and insufficient to ensure deal certainty. However, the company said it remains open to continued and constructive conversations with Bayer as well as with other parties to assess whether a transaction can be realized.


Morgan Stanley & Co. and Ducera Partners are acting as financial advisors, and Wachtell, Lipton, Rosen & Katz is acting as legal advisor to Monsanto.


 

 

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