Both BASF and Bayer eyeing Monsanto takeover?

摘要

Monsanto shares were trading about 8% higher Thursday morning on two separate takeover reports. Bloomberg reports that Bayer is considering a bid, while StreetInsider says BASF is exploring an ofer. When asked for comment, both BASF and Bayer said they do not com- ment on market speculation. The ag-chems market has experienced a major wave of consolidation in the year as it grapples with a sustained cyclical downturn.