Bayer Said to Agree to Pay About $56 Billion for Monsanto

Updated on
  • German company said to offer about $128 a share to seal deal
  • Bayer said to announce agreement imminently after board meets

Will Bayer's $56.5 Billion Offer Woo Monsanto?

Bayer AG has reached an agreement to acquire Monsanto Co. for about $56 billion to create the world’s biggest maker of seeds and pesticides, according to people familiar with the matter.

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