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Did Bayer buy Monsanto?
Leverkusen, June 7, 2018 - Bayer successfully completed the acquisition of Monsanto on Thursday. Shares in the U.S. company will no longer be traded on the New York Stock Exchange, with Bayer now the sole owner of Monsanto Company. Monsanto shareholders are being paid 128 U.S. dollars per share.Are Bayer & Monsanto stock overperforming the S&P 500?
Shares of Bayer and Monsanto both opened higher on Wednesday following the DOJ announcement. However, over the last five years, both Bayer and Monsanto have greatly underperformed the S&P 500’s 68% surge. BAYRY stock is up just 11.8%, while MON has climbed 26.7%.When will Monsanto join Bayer?
According to the conditional approval from the United States Department of Justice, the integration of Monsanto into Bayer can take place as soon as the divestments to BASF have been completed. This integration process is expected to commence in approximately two months.