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.

How much will Bayer Group's acquisition of Monsanto affect sales?

Sales of the Bayer Group are now expected to come in at more than 39 billion euros (previously: below 35 billion euros), with more than 5 billion euros attributable to the acquired Monsanto business. The divestment of selected businesses to BASF will reduce anticipated sales by approximately 1 billion euros.

What happened to Bayer shares after Monsanto verdict?

After the most recent verdict in mid-November, in which a Missouri jury awarded three plaintiffs $1.5 billion in damages, Bayer shares slid even more, pushing its market capitalization down to roughly $33 billion, or less than half of what it paid for Monsanto. Bayer’s chemical plant in Leverkusen, Germany, in 2018. Martin Meissner/Associated Press