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OLD POST
September 21, 2016
Bayer India Open Offer Monsanto @ 2481 / 60 p
Bayer, maker of Aspirin, Alka-Seltzer, Claritin, Coppertone sunscreen and Xarelto, last week said it will buy US-based seed conglomerate Monsanto Co. for $66 billion.
The deal is one of the largest takeover bids by a German company and the biggest all-cash acquisition offer on record.
Once the deal is completed, Bayer will be indirectly acquiring the 72.14% voting share capital of Monsanto India, triggering the open offer.
For More , please click :
http://www.livemint.com/Companies/UqyitLerFgxQV5YGNHOlIL/Bayer-launches-open-offer-to-buy-up-to-26-in-Monsanto-India.html
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http://economictimes.indiatimes.com/news/company/corporate-trends/bayer-open-to-buying-26-stake-in-monsanto-india/articles
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For Motilal Oswal 's analysis of Monsanto India , please click :-
http://www.motilaloswal.com/site/rreports/635912114118094008.pdf
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General Warning : Investment in Shares Can be Injurious to Your WEALTH
Caution :The blog writer has personal/ family members' holdings in Monsanto India, so please make suitable "provisions " for likely over optimism
( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this author / blog . )
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