Monsanto Co (MON.N)
Fri, Jul 22 2016
CHICAGO The European Commission on Friday approved imports of Monsanto's Roundup Ready 2 Xtend genetically modified soybean variety, after months of delays that had derailed the U.S. seed giant's product launch this spring.
* Authorisation for feed, food use but not cultivation (Recasts throughout; adds ADM comment, analyst comment, Monsanto share prices)
* European Commission has granted import approval for Roundup Ready 2 xtend soybeans
U.S. seed company Monsanto Co turned down a sweetened $64 billion acquisition offer from Bayer AG , but said it was open to further talks with the German healthcare and chemicals group as well as other parties.
* Monsanto shares rise 0.3 pct; Bayer off 1.2 pct (Adds Bayer statement, updates shares)
BERLIN Bayer said its sweetened $64 billion acquisition offer for Monsanto would not be subject to any financing conditions, responding to the U.S. seed company's rejection of its latest proposal on Tuesday.
BERLIN, July 19 Bayer said its sweetened $64 billion acquisition offer for Monsanto would not be subject to any financing conditions, responding to the U.S. seed company's rejection of its latest proposal on Tuesday.
By Greg Roumeliotis, Ludwig Burger, Swetha Gopinath and Amrutha Gayathri
BRIEF-Monsanto views Bayer's revised proposal as financially inadequate, insufficient to ensure deal certainty
* Monsanto views Bayer's revised proposal as financially inadequate and insufficient to ensure deal certainty
LONDON Henderson Global Investors, a minority investor in Bayer has demanded a vote on the firm's $64 billion-plus proposed takeover of Monsanto, which it said threatened the long-term strength of the German chemicals group.
- Retirement Strategy: 5 Pharmaceutical Dividends To Buy Here
- Monsanto Is A Sell On Earnings - Cramer's Lightning Round (7/20/16)
- Warren Buffett Finds A Gem
- Wall Street Breakfast: Signs Of A Top?
- Tracking Ken Fisher's Fisher Asset Management Portfolio - Q2 2016 Update
- Wall Street Breakfast: Markets React To Bastille Day Massacre