Bayer bids for Monsanto

NEW YORK/FRANKFURT, May 19 (Reuters) – German drug and chemical group Bayer has made an unsolicited takeover proposal to U.S. seed company Monsanto, aiming to create the world’s biggest agricultural supplier and take advantage of converging pesticides and seed markets. Monsanto disclosed the approach on Wednesday before Bayer confirmed its move, though neither released proposed […] Read more