Monsanto rejects Bayer's $62b bid, but open to more talks

Monsanto rejects Bayer's $62b bid, but open to more talks

Photographer: Daniel Acker/Bloomberg

Monsanto Co , the world’s largest seed company, turned down Bayer AG‘s $62-billion acquisition bid as “incomplete and financially inadequate” on Tuesday, but said it was open to engage further in negotiations.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter