Monsanto accepts $66bn Bayer offer

Marriage between Bayer and Monsanto, giant seed, may be announced. As reported by the BBC website, after yet another revival of the German company that has put into the pot $ 130 per share, valuing the US group $ 66 billion, the leaders of American society have accepted the offer.

The long-awaited green light creates the biggest chemical company applied to agriculture in the world, and become the largest operation in the chemical industry. Bayer had closed the session on Tuesday, declining by 1.37% in Frankfurt against 0.43% decline in the Dax. Monsanto, however, lost 0.83% on Wall Street, closing at $ 106.10 in value.

Bayer last year had a turnover of over 46 billion euro and employs 117 thousand people, while Monsanto has closed 2015 with revenues exceeding 15 billion and a net profit of 2.3 billion.