Shares of Monsanto India will remain in focus on global media buzz that Bayer AG is exploring to bid for US-based Monsanto Co. A merger would make it the world’s largest seeds/farm chemicals company. Reports say the German firm has held preliminary talks internally and with advisers for Monsanto. Sensing that, the Monsanto stock on Thursday shot up on the BSE. If the deal goes through, Bayer will have to make an open offer to Monsanto India shareholders.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.