Monsanto in Talks with Germany's BASF
Monsanto shares are rising Thursday following news that the company has revived talks with Germany's BASF about a possible combination of their agrochemicals businesses.
Monsanto (MON) shares are rising Thursday following news that the company has revived talks with Germany's BASF about a possible combination of their agrochemicals businesses. Monsanto is reportedly exploring various transactions, including the potential acquisition of BASF's agriculture-solutions unit, according to Bloomberg. Talks with BASF are in the early stage and no final decisions have been made. News of the talks comes after Monsanto rejected Bayer's $62 billion takeover bid at the end of May. But, the two companies are apparently open to further discussions.
