Tag: chemicals-group
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Bayer announces $62 billion cash offer for Monsanto
German drugs and chemicals group Bayer AG said it had made an offer to buy U.S. seeds company Monsanto Co for $122 per share in cash, or a total value of $62 billion including debt, to create the world's biggest agricultural supplier. Bayer said on Monday that the proposal made to Monsanto's management represented a…
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Bayer CEO expects Monsanto to respond positively to deal proposal
FRANKFURT (Reuters) – German drugs and pesticides group Bayer said it was confident that Monsanto would take a positive view of its $62 billion takeover proposal.
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UN says Sudan refuses to renew permit of senior humanitarian official
The United Nations said on Sunday that Sudanese authorities had declined to renew a permit for the head of its humanitarian coordination office in Khartoum, Ivo Freijsen, saying he was being effectively expelled from the country. A statement from the UN humanitarian country team in Sudan expressed “shock and disappointment at the de facto expulsion…
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Merck patents on Hepatitis C treatment found valid in Gilead dispute
By Rory Carroll and Andrew Chung SAN JOSE (Reuters) – Merck & Co told a federal jury on Tuesday it was seeking more than $2 billion in damages from rival Gilead Sciences Inc after the jury upheld the validity of two Merck patents in a high-profile dispute over Gilead's blockbuster cure for hepatitis C. After…