Monsanto rejects Bayer $62 bn bid as 'financially inadequate'

GMT 19:39 2016 Tuesday ,24 May

Arab Today, arab today Monsanto rejects Bayer $62 bn bid as 'financially inadequate'

New York economy
New York - Arab Today

 US agribusiness giant Monsanto rejected Tuesday the $62 billion takeover bid by Germany's Bayer AG as too low, but said it was willing to entertain further talks on a merger.

Monsanto said its board "unanimously views the Bayer AG proposal as incomplete and financially inadequate, but is open to continued and constructive conversations to assess whether a transaction in the best interest of Monsanto shareowners can be achieved."

Arab Today, arab today
Arab Today, arab today
arabtoday arabtoday arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabs, Arab, Arab