Latest developments in the Bayer – Monsanto deal

Bayer’s supervisory board (Aufsichtsrat) will discuss in the meeting scheduled on September 14 about the acquisition plan of US-headquartered Monsanto. The possibility of a hostile takeover by the German group without the consent of the Monsanto board and a higher takeover bid (USD 135/share) will be also discussed during the meeting. Bayer has called a conference on the following week, on September 20, in which the Leverkusen-based group management will probably inform its investors and analysts about its choice. (Source Rheinische Post)