Mergers and Acquisitions Acquisitions

  • By Diane Bartz and Greg Roumeliotis. WASHINGTON D.C./ NEW YORK, Sept 14- As the global agricultural sector races to consolidate, Bayer AG's $66 billion all-cash deal to acquire Monsanto Co will test growing political and consumer unease in the United States and abroad over the future of food production. Monsanto and Bayer "have chosen to do a deal in the year of...

  • NEW YORK/ FRANKFURT, Sept 14- German drug and crop chemical maker Bayer clinched a $66 billion takeover of U.S. seeds company Monsanto on Wednesday, ending months of wrangling with a third sweetened offer that marks the largest all-cash deal on record. "Bayer's competitors are merging, so not doing this deal would mean having a competitive disadvantage," said fund...

  • NEW YORK/ FRANKFURT, Sept 14- German drugs and crop chemicals company Bayer has won over U.S. seeds firm Monsanto with an improved takeover offer of $66 billion including debt, ending months of wrangling after increasing its bid for a third time. The $128 a share deal announced on Wednesday, up from Bayer's previous offer of $127.50 a share, is the biggest of the year...

  • *Bayer agrees $128 per share cash bid to buy Monsanto. NEW YORK/ FRANKFURT, Sept 14- German drugs and crop chemicals company Bayer has won over U.S. seeds firm Monsanto with an improved takeover offer of around $66 billion, ending months of wrangling after increasing its bid for a third time. The $128 a share deal, up from Bayer's previous offer of $127.50 a share, is the...

  • FRANKFURT, Germany— After months of courtship, German drug and farm chemical maker Bayer AG has finally reached an agreement to buy U.S. seed and weedkiller company Monsanto, in a deal that is valued at $66 billion and which will keep the merged entity's seed business in Monsanto's home base of St. Louis. In a statement, Bayer said Wednesday it is paying Monsanto...

  • *Bayer agrees $128/ share cash bid to buy Monsanto- source. NEW YORK/ FRANKFURT, Sept 14- German drugs and crop chemicals company Bayer has won over U.S. seeds firm Monsanto with a takeover offer of around $66 billion, a source close to the matter said, ending months of wrangling after increasing its bid for a third time. The source said on Wednesday an agreement had been...

  • *Bayer agrees $128/ shr offer to buy Monsanto- source. NEW YORK, Sept 14- Bayer won over Monsanto's management with a $128 per-share cash offer to acquire the global seed market leader, a person familiar with the matter said, in a move to command more than a quarter of the combined world market for seeds and pesticides. At a total deal value of close to $66 billion- based on...

  • NEW YORK, Sept 14- Bayer won over Monsanto's management with a $128 per share offer to take over the global seed market leader, a person familiar with the matter told Reuters on Wednesday. The companies have agreed on a break-up fee of $2 billion, the person said. The deal is expected to be closed by the end of 2017, the source said.

  • Dr Brian McGee, engagement manager at Novasecta, discusses Bayer's expected acquisition of agrochemical firm Monsanto.

  • FRANKFURT/ NEW YORK, Sept 13- Chemicals and healthcare group Bayer AG is poised to announce the acquisition of U.S. seeds company Monsanto Co on Wednesday for more than $66 billion, clinching the biggest deal of the year, people familiar with the matter said. The breakthrough in negotiations, which follows more than four months of talks, came after Bayer further...

  • Sept 13- Snack foods company B&G Foods Inc is in talks to acquire ACH Food Companies Inc, the producer of Mazola cooking oil, from food supplier and retailer Associated British Foods Plc, according to people familiar with the situation. Associated British Foods has hired investment bank Moelis& Co to handle the sale, which could value ACH at between $300 million...

  • TORONTO, Sept 13- Canadian lender Toronto-Dominion Bank's capital markets division said on Tuesday it plans to acquire Albert Fried& Co, a New York- based broker-dealer, to expand its presence in the U.S. prime brokerage sector. TD Securities has been boosting its reach in the United States in recent years by adding people and increasing coverage of sectors.

  • The acquisition is expected to add to HP's earnings in its full year after closing, the company said on Monday, adding that Samsung will invest $100 million to $300 million in HP through open market purchases once the deal is through.

  • Sept 9- Seagate Technology Plc has sold a stake in itself to ValueAct Capital in a deal that also provides the activist hedge fund with a front-row view of its board meetings, the hard-drive maker said on Friday. ValueAct's recent investments include a $1.1 billion stake in investment bank Morgan Stanley, where the firm has not yet demanded a board seat or...

  • Sept 9- Seagate Technology Plc has sold a stake in itself to ValueAct Capital in a deal that also provides the activist hedge fund with a front-row view of its board meetings, the hard-drive maker said on Friday. The move came after the company asked ValueAct to buy into its stock, Seagate said. As part of the purchase, ValueAct will receive an "observer board" position...

  • SAN FRANCISCO, Sept 8- Alphabet Inc's Google said on Thursday it is acquiring cloud software company Apigee Corp in a deal valued at about $625 million, the tech giant's latest effort to claim a greater share of the lucrative cloud business. San Jose- based Apigee's software helps companies' digital services interact with apps used by customers and partners.

  • SAN FRANCISCO, Sept 8- Alphabet Inc's Google said on Thursday it is acquiring software developer Apigee Corp in a deal valued at about $625 million, the tech giant's latest effort to claim a greater share of the lucrative cloud business. San Jose- based Apigee's software helps companies' digital services interact with apps used by customers and partners.

  • Sept 8- Dell Technologies, which completed the acquisition of data storage company EMC Corp on Wednesday, will cut 2,000-3,000 jobs, Bloomberg reported. Most of the job cuts will be in the United States, Bloomberg reported on Thursday, citing people familiar with the matter. The layoffs will be mainly in supply chain, marketing and general and administrative...

  • Sept 8- Dell Technologies, which completed the acquisition of data storage company EMC Corp on Wednesday, will cut 2,000-3,000 jobs, Bloomberg reported. Most of the job cuts will be in the United States, Bloomberg reported on Thursday, citing people familiar with the matter. Dell, which was taken private by founder Michael Dell along with private equity firm...

  • Sept 8- German chemicals and crop pesticides firm Bayer AG is exploring the sale of its dermatology business to push forward its deal with Monsanto Co, Bloomberg reported, citing sources. Bayer is working with JPMorgan Chase& Co on the sale, which could fetch more than 1 billion euros, the report said. The dermatology business could attract interest from existing...