Bayer was effectively a forced seller with regard to smoothing the road from the Monsanto deal through antitrust clearance. BASF has not really had the ability to exploit that, with the idea it had become equally a forced buyer of Bayer’s castoffs. It didn’t cash alternative whether it desired to develop a significant position within the sector.
BASF would be to pay Bayer 5.9 billion euros ($7 billion) for seeds assets that will overlap with individuals being purchased from Monsanto. The of chemicals and agriculture is a driving theme in M&A. Bayer went all in, offering $66 billion in cash for Monsanto. BASF it’s still a smaller sized 4th player within this market, however with viable scale and scope.
Who Requires A Deal?
BASF has outperformed Bayer since its German peer’s curiosity about buying Monsanto emerged