{"id":4090,"date":"2016-11-01T09:00:56","date_gmt":"2016-10-31T23:00:56","guid":{"rendered":"https:\/\/ppmmagazine.com.au\/?p=4090"},"modified":"2022-10-06T10:48:34","modified_gmt":"2022-10-06T00:48:34","slug":"bayer-acquires-monsanto","status":"publish","type":"post","link":"https:\/\/professionalpestmanager.com\/nz\/professional-pest-manager-magazine\/bayer-acquires-monsanto\/","title":{"rendered":"BAYER ACQUIRES MONSANTO"},"content":{"rendered":"<p><em>Bayer have announced a notable acquisition in the form of US company Monsanto.<\/em><br \/>\n<!--more--><\/p>\n<div class=\"hr-thick\"><\/div>\n<div class=\"page\" title=\"Page 3\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p>Consolidation in agribusiness continues. Following on from the recent merger between DuPont and Dow, and the acquisition of Syngenta by ChemChina, <a href=\"https:\/\/www.environmentalscience.bayer.com.au\/Pest-Management\/\">Bayer<\/a> has announced the acquisition of US seed company, Monsanto for US$66 billion, in an all-cash deal.<\/p>\n<p>\u201cWe are pleased to announce the combination of our two great organisations. This represents a major step forward for our Crop Science business and reinforces Bayer\u2019s leadership position as a global innovation driven Life Science company with leadership positions in its core segments, delivering substantial value to shareholders, our customers, employees and society at large,\u201d <strong>Werner Baumann<\/strong>, CEO of Bayer (main picture, left) said in a statement.<\/p>\n<div class=\"page\" title=\"Page 3\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p>The deal will still come under detailed regulatory scrutiny, especially in Europe and the US, before the deal can be approved. However, according to Monsanto CEO, <strong>Hugh Grant<\/strong> (main picture, right) \u201cthere is very little overlap\u201d between the two companies that might concern regulators. \u201cI think it\u2019s a very clean deal.\u201d<\/p>\n<div class=\"page\" title=\"Page 3\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p>If the deal goes ahead the joint entity, which is yet to be named, will hold around a quarter of the world\u2019s seed and pesticide market and have an estimated market capitalisation of over $125 billion.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bayer have announced a notable acquisition in the form of US company Monsanto.<\/p>\n","protected":false},"author":133,"featured_media":7284,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"Bayer have announced a notable acquisition in the form of US company Monsanto.","_seopress_robots_index":"yes","_gspb_post_css":"","footnotes":""},"categories":[41],"tags":[],"company":[144],"pest":[],"pesticide":[],"product-service":[],"class_list":["post-4090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-professional-pest-manager-magazine","company-bayer","wpbf-post"],"acf":[],"_links":{"self":[{"href":"https:\/\/professionalpestmanager.com\/nz\/wp-json\/wp\/v2\/posts\/4090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/professionalpestmanager.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/professionalpestmanager.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/professionalpestmanager.com\/nz\/wp-json\/wp\/v2\/users\/133"}],"replies":[{"embeddable":true,"href":"https:\/\/professionalpestmanager.com\/nz\/wp-json\/wp\/v2\/comments?post=4090"}],"version-history":[{"count":0,"href":"https:\/\/professionalpestmanager.com\/nz\/wp-json\/wp\/v2\/posts\/4090\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/professionalpestmanager.com\/nz\/wp-json\/wp\/v2\/media\/7284"}],"wp:attachment":[{"href":"https:\/\/professionalpestmanager.com\/nz\/wp-json\/wp\/v2\/media?parent=4090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/professionalpestmanager.com\/nz\/wp-json\/wp\/v2\/categories?post=4090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/professionalpestmanager.com\/nz\/wp-json\/wp\/v2\/tags?post=4090"},{"taxonomy":"company","embeddable":true,"href":"https:\/\/professionalpestmanager.com\/nz\/wp-json\/wp\/v2\/company?post=4090"},{"taxonomy":"pest","embeddable":true,"href":"https:\/\/professionalpestmanager.com\/nz\/wp-json\/wp\/v2\/pest?post=4090"},{"taxonomy":"pesticide","embeddable":true,"href":"https:\/\/professionalpestmanager.com\/nz\/wp-json\/wp\/v2\/pesticide?post=4090"},{"taxonomy":"product-service","embeddable":true,"href":"https:\/\/professionalpestmanager.com\/nz\/wp-json\/wp\/v2\/product-service?post=4090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}