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Monsanto opens door to talks on Bayer bid

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Monsanto is open to discussions on a deal with Germany’s Bayer, the US seeds giant said for the first time on Tuesday, even as it rejected a record-breaking $62bn bid from the aspirin-to-weed-killer conglomerate as “incomplete and financially inadequate”.

Hugh Grant, Monsanto’s chairman and chief executive, said in a statement that the US company believed in the “substantial benefits” of a…

Monsanto opens door to talks on Bayer bid

[ad_1] Monsanto is open to discussions on a deal with Germany’s Bayer, the US seeds giant said for the first time on Tuesday, even as it rejected a record-breaking $62bn bid from the aspirin-to-weed-killer conglomerate as “incomplete and financially inadequate”. Hugh Grant, Monsanto’s chairman and chief executive, said in a statement that the US company believed in the “substantial benefits” of a…