BERLIN: German drugs and chemicals giant Bayer said on Monday it had offered $62 billion for US agriculture group Monsanto as it seeks to create the world’s biggest supplier of seeds, pesticides and genetically-modified crops.
In the biggest takeover ever attempted by a German company, Bayer said it made an offer for the US giant at $122 per share in cash, or a total of $62 billion (55 billion euros).
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