Bayer Bids USD62 Billion to buyout Monsanto

Germany: Bayer AG, a Germany based multinational chemicals manufacturer has made a bid to acquire the US based agricultural seeds and weed control manufacturer, that is, Monsanto. Bayer has offered to acquire all the issued and outstanding shares of Monsanto’s common stock for USD122 per share, as a result of which, the total bid aggregates to USD62 billion. The acquisition of the crop genetics and seeds business of Monsanto would complement Bayer’s pesticide business and position the company as the global leader in the agricultural products market. Bayer AG estimates that the synergy between the two companies would contribute USD1.5 billion to the annual income after the third year.

TechSci Research depicts that the acquisition of Monsanto would position Bayer AG as the leading player in the global agricultural seeds and pest business. Additionally, Monsanto’s strong research and development department would aid in the innovation of advanced agricultural solutions and benefit the global agricultural industry.

According to the recent report published by TechSci Research, “Global Water Soluble Fertilizers Market By Type, By Composition (Straight and Complex), By Grade (NPK, NP, PK and Others), By Structure, By Application, By Crop, By Region, By Sales Channel, Competition Forecast and Opportunities, 2011-2021”, the global water soluble fertilizers market is projected to grow at a CAGR of over 5% during 2016-2021, on account of rising population, growing demand for food grains, and rising concerns related to depleting ground water resources. Globally, demand for water soluble fertilizers is surging due to rising need for increasing agricultural output in order to address increasing global food requirements. Additionally, rising investments by government and private players, increasing research & development activities and new product developments are projected to steer growth in global water soluble fertilizers market through 2021.