Bayer Makes $62 Billion Bid for Monsanto

Combination would create one of the world’s largest agrochemical businesses

By Christopher Alessi

Bayer said the $122-a-share offer represents ‘value at a substantial premium’ for Monsanto shareholdersUpdated May 23, 2016 8:59 a.m. ET

wsj – FRANKFURT—German pharmaceutical and chemicals giant Bayer AG on Monday said it made an all-cash offer to acquire Monsanto Co. for $62 billion, valuing the U.S. company at a substantial premium in a deal that would create the world’s largest agrochemicals company.

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