Bayer Confirms $66 Billion Acquisition Of Monsanto

Sep 14, 2016

Agrochemical giant Monsanto is set to be acquired by Bayer — the largest acquisition so far this year.

The German chemical and pharmaceutical company, best known in the U.S. for its aspirin, announced the deal Wednesday, raising its initial offer for a third time to $66 billion, including debt.

Here & Now‘s Jeremy Hobson speaks with Nathan Bomey of USA Today about the implications of the deal and how analysts are reacting.

Guest

Nathan Bomey, business reporter for USA Today. He tweets @NathanBomey. Copyright 2016 NPR. To see more, visit NPR.