Deals
Bayer’s Mega Monsanto Deal Faces Mega Backlash in Germany
- Many in Germany oppose two of Monsanto’s main products
- Some lawmakers have already come out in opposition to the deal
Bayer Pursues Monsanto in Unsolicited $45 Billion Bid
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Bayer AG’s proposed mega deal to buy Monsanto Co. is likely to create a mega public relations challenge for the German company at home.
Bayer faces a backlash against Germany’s biggest planned acquisition because of two products from the St. Louis-based company that are widely detested in the country: genetically modified seeds and the weedkiller Roundup, which uses a compound called glyphosate that some believe can cause cancer.