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Bayer sweetens its offer for Monsanto to US$125 a share

Increased bid is a 21 per cent premium to last Friday's close of US$103.45

Published Tue, Jul 19, 2016 · 09:50 PM
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Chicago

JUST six months ago, Monsanto Co, the world's largest seed company, was still painting itself as a predator, saying that it would continue to seek acquisitions in crop chemicals after failing to buy Syngenta AG in August.

Now, the St Louis-based company is the prey, and some investors say that they are fine with the switch.

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