Monsanto: Bayer offers 62 billion dollars for purchase

The German chemical and pharmaceutical giant Bayer has made an offer of 62 billion dollars for the purchase of Monsanto, an American company leader in the production of GM seeds. "Bayer has made an offer to buy all outstanding shares of Monsanto at a price of $ 122 per share or a total value of 62 billion dollars,"  the German company writes in a statement, a few days after announcing a contact with Monsanto .

Bayer last year had a turnover of over 46 billion euro and employs 117 thousand people. Monsanto last year achieved a turnover of more than $ 15 billion with a net profit of 2.3 billion.