San Francisco, CA — Dewayne Johnson has successfully sued Monsanto for causing his non-Hodgkin lymphoma due to glyphosate in its herbicide Roundup. According to Reuters, Monsanto has been ordered to pay Johnson $289 million in damages. Bayer shares plummeted $12.5 billion (12%) the day after the verdict, while the company...
The 117-year-old company name of Monsanto, the largest manufacturer of genetically-modified seeds and one equated with glyphosates through its Roundup brand, disappears on Thursday when the $63 billion acquisition of Germany’s Bayer is finalized, the company announced. The acquired products will retain their brand names and become part of the...
Germany - St. Louis, MO - The U.S. Justice Department has approved Bayer AG's purchase of the Monsanto Company for a reported $66 billion after a two year long quest, according to an article in Bloomberg. The merger was contingent on Bayer selling agricultural businesses and assets worth about $9...
Washington, D.C. - A U.S. district judge has given the green light to a lawsuit that claims that Monsanto’s labeling of its flagship weed killer Roundup misleads consumers, according to this report. The judge ruled against Monsanto Co.’s motion to dismiss the lawsuit, filed in April, 2017. The judge ruled that...
WASHINGTON — The Justice Department will allow Bayer AG to acquire Monsanto for more than $60 billion once the companies sell off some assets, the Wall Street Journal reports. The deal will make it the world’s biggest supplier of pesticides and seeds for farmers. Bayer CEO Werner Baumann and Monsanto...
Brussels — The European Commission has conditionally approved Bayer’s proposed $62.5 billion acquisition of Monsanto. The approval is contingent on certain divestments. “Receipt of the European Commission’s approval is a major success and a significant milestone,” said Bayer CEO Werner Baumann in a press release. “Together with Monsanto, we want...
Seattle, WA — According to a Washington Post article, Washington has become the first state to sue Monsanto for pervasive pollution from polychlorinated biphenyls (PCBs). PCBs were used in many industry and commercial applications, including paint, coolants and hydraulic fluids. Monsanto, St. Louis, MO, produced PCBs from 1935 until 1979,...
Bayer has finally secured the acquisition of St. Louis-based Monsanto with an offer that amounts to about $66 billion, after months of courting and two previous offers. The $128 per share deal is the largest cash bid on record and will create a company that commands more than a quarter of...
