» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
TDN Services
Research millions of people and properties [+]
Monitor any person, property or company [+]

Skip Navigation LinksHome >
VOL. 133 | NO. 115 | Friday, June 8, 2018

Bayer Completes Purchase of Monsanto

The Associated Press

Print | Front Page | Email this story | Comments ()

BERLIN (AP) – German pharmaceutical company Bayer AG says it has completed its purchase of U.S. seed and weed-killer maker Monsanto Co.

Bayer said Thursday that it is now the sole owner of the company and Monsanto shares will no longer trade on the New York Stock Exchange. Bayer has put the cost of the deal at some $63 billion including debt.

To obtain regulatory approval, Bayer has committed to divest some businesses, agreeing among other things to the U.S. government's demand that it sell about $9 billion in agriculture activities. It says the process of integrating Monsanto is expected to start in about two months.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 92 242 2,507
MORTGAGES 108 336 2,943
FORECLOSURE NOTICES 0 37 527
BUILDING PERMITS 202 643 6,711
BANKRUPTCIES 43 176 1,963
BUSINESS LICENSES 50 130 1,289
UTILITY CONNECTIONS 19 77 707
MARRIAGE LICENSES 9 43 417