Tag: markus-manns
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Bayer clinches Monsanto with improved $66 billion bid
NEW YORK/FRANKFURT (Reuters) – German drug and crop chemical maker Bayer clinched a $66 billion takeover of U.S. seeds company Monsanto on Wednesday, ending months of wrangling with a third sweetened offer that marks the largest all-cash deal on record. The $128-a-share deal, up from Bayer's previous offer of $127.50 a share, has emerged as…
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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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Insurer AXA to sell 1.8 billion euros of tobacco assets
French insurer AXA plans to stop investing in the tobacco industry, citing the impact of smoking on public health, and said it plans to sell its 1.8 billion euros ($2.02 billion) of assets in the sector. AXA said it would divest its 200 million euros of equity holdings in tobacco companies immediately. It also plans…
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After ‘sons of whores’ comment, Philippines’ Duterte says he will defy Church with three-child policy
Philippine President-elect Rodrigo Duterte said he will defy the Roman Catholic Church and seek to impose a three-child policy, putting him on a new collision course with the bishops a day after he called them “sons of whores”. Duterte assumes office on June 30. “I only want three children for every family,” Duterte said on…