HALISTER: Bayer Says Prepared to Offer $127.50/Shr For Monsanto

Bayer Says Prepared to Offer $127.50/Shr For Monsanto

(Bloomberg) -- Confirms advanced talks with Monsanto concerning deal; Bayer says offer would only be in connection with an agreed deal.
  • Offer would be ~19% premium to last Monsanto traded close: Bloomberg calculation
    • Monsanto shrs last traded at $107.44
  • No assurance parties will enter pact
Statement Related:
  • Aug. 24: Bayer, Monsanto Said to Move Closer to Deal as Talks Advance
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
BAYN GR (Bayer AG)
MON US (Monsanto Co)

To de-activate this alert, click here

UUID: 7947283