Bayer completed the acquisition of Monsanto for $66bn.

Bayer completed the acquisition of Monsanto for $66bn, at the price of $128 per share. The newly acquired unit would become the part of the Crop business. “Today is a great day: for our customers – farmers around the world whom we will be able to help secure and improve their harvests even better; for our shareholders, because this transaction has the potential to create significant value; and for consumers and broader society, because we will be even better placed to help the world’s farmers grow more healthy and affordable food in a sustainable manner. As a leading innovation engine in agriculture, we offer employees around the world attractive jobs and development opportunities,” Werner Baumann, Bayer Chairman of the Board of Management.