Agri-Food Monitoring

Bayer and Monsanto today announced that they signed a definitive merger agreement under which Bayer will acquire Monsanto for $66 billion in an all-cash transaction. The acquisition is subject to customary closing conditions, including required regulatory approvals, but the deal is expected to be complete by the end of 2017. “We are pleased to announce the combination of our two great organizations. This represents a major step forward for our crop science business and reinforces Bayer’s leadership…