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BASF and Syngenta Bid on Bayer-Monsanto Assets

Bayer-Monsanto must sell assets if merger is to go forward

Money

Bloomberg Markets’ Manuel Baigorri and Eyk Henning reported on the continued merger of Bayer-Monsanto. The companies must sell billions in assets if the merger is to go forward. Among those lining up to make purchases are agri-business rivals BASF SE and Syngenta AG.

According to the report, the two companies have expressed interest in “canola, cottonseeds, the LibertyLink herbicide-resistant trait and its glufosinate weed killer.” The talks are still in the very early stages.

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