Distantly GR-related: Former IG Farben firms are exploring potential bids for Monsanto
Kai Frederik Lorentzen
lorentzen at hotmail.de
Fri May 13 07:01:20 CDT 2016
" ... The big scandal around IG Farben this week is the unlucky
subsidiary Spottbilligfilm AG, whose entire management are about to be
purged for sending to OKW weapons procurement a design proposal for a
new airborne ray which could turn whole populations, inside a
ten-kilometer radius, stone blind. An IG review board caught the scheme
in time. Poor Spottbilligfilm. It had slipped their collective mind what
such a weapon would do to the dye market after the next war. The
Götterdämmerung mentality again ..." (Gravity's Rainbow, p. 163,
Picador/Viking)
> Bayer AG is exploring a potential bid for U.S. competitor Monsanto
Co. in a deal that would create the world’s largest supplier of seeds
and farm chemicals, according to people familiar with the matter.
The German firm has held preliminary discussions internally and with
advisers about buying Monsanto, which has a market value of about $43
billion, said the people, who asked not to be named because the
deliberations are private.
Bayer, which is valued at about 79 billion euros ($90 billion), has
discussed how to finance a deal including potential asset sales, the
people said. No final decision has been made and the Leverkusen-based
company could decide against a bid or pursue other transactions with
Monsanto, including joint ventures or asset sales, the people said ...
... St. Louis-based Monsanto has explored possible deals with Bayer as
well as German competitor BASF, people familiar with the matter said in
March. Bayer and Monsanto have discussed a number of options from a full
combination to the German firm selling all or part of its crop sciences
business, as well as joint ventures, the people said at the time. When
Bayer raised the idea of a full takeover of Monsanto in March, the U.S.
firm said it was not interested in selling, and it sees itself as more
of an acquirer, two of the people said this week.
If Bayer goes ahead with a bid, it would raise pressure on BASF to
consider an offer, the people said. A spokeswoman for Bayer declined to
comment on potential deals ... <
http://www.bloomberg.com/news/articles/2016-05-12/bayer-said-to-explore-bid-for-40-billion-seed-company-monsanto
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