Deals
Bayer Said to Explore Bid for $40 Billion Seed Company Monsanto
- German firm said to discuss bid internally and with advisers
- Financing, including potential asset sales, also discussed
Bayer Reported to Eye Bid for Seed Company Monsanto
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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.