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Monsanto Terminates Sale of Precision Planting to John Deere

Dan Industry News Release

The U.S. Department of Justice announced this week that John Deere and Monsanto had terminated their attempted sale of Precision Planting, LLC., from Monsanto to John Deere. The department filed suit to block the sale on August 31, 2016, to block the acquisition. The reasoning behind the suit was the Justice Department felt the sale was a merger-to-monopoly in high-speed …

Monsanto Surpasses Pollinator Habitat Goal

Dan Industry News Release 8 Comments

Monsanto announced it has reached milestones in two key aspects of its biodiversity program, including protecting species and promoting sustainable landscapes. Monsanto established 72 habitats for monarch butterflies and other pollinators at company sites across America. The number of those sites certified by the Wildlife Habitat Council doubled from 15 to 31 in the past year. “Our commitment to establishing …

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Bayer CEO Confident Monsanto Deal Will Close by Years’ End

Dan Industry News Release 2 Comments

Bayer AG CEO Werner Baumann says he expects the Bayer-Monsanto deal will close by the end of this year. Bauman says he is confident the planned $57 billion acquisition of Monsanto would overcome any regulatory obstacles and close by the end of the year, despite delays with U.S. and European antitrust authorities, according to a report by Dow Jones. Bauman …

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Monsanto Shareholders Approve Merger with Bayer

Dan Industry News Release 2 Comments

Monsanto shareholders have approved a proposed merger with Bayer AG. Under the terms of the merger agreement, Monsanto shareowners will receive $128 per share in cash at the closing of the merger. Monsanto CEO Hugh Grant Tuesday called the approval an “important milestone” for both companies. Bayer AG leadership says the merger will “help address the growing challenges facing farmers.”

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Bayer Investors React to the Monsanto Acquisition

Dan General, Industry News Release, Seeds 217 Comments

A Dow Jones Report says investors generally seem positive about the deal struck by Bayer CEO Werner Baumann to acquire Monsanto. The head of a global equities asset management company in Paris that invests in Bayer said, “So far, he’s proven to be quite a good negotiator. He’s been very efficient.” Markus Manns, a portfolio investor at Union Investment, another …


NFU Reacts to Bayer-Monsanto Merger

Dan General, Industry News Release, Seeds 210 Comments

The National Farmers Union is concerned about continued consolidation among agribusinesses. After hearing the news of a $66 billion merger proposal between Bayer and Monsanto, NFU President Roger Johnson said consolidation of this magnitude cannot be the standard for agriculture, nor should we allow it to determine the landscape of agriculture.