Business

BAYER CHAIRMAN WERNER BAUMANN HELD A SECRET MEETING WITH INVESTORS YESTERDAY REGARDING MONSANTO – FBN

BAYER CHAIRMAN WERNER BAUMANN HELD A SECRET MEETING WITH INVESTORS YESTERDAY” REGARDING MONSANTO – FBN

FOX Business Network’s (FBN) Charlie Gasparino reports “Bayer Chairman Werner Baumann held a secret meeting with investors yesterday, these are about 100 investors in New York at the Four Seasons hotel on Thursday.” Gasparino went on to report the meeting was about the $60 billion for Monsanto and to create one of the largest agricultural companies in the world.” Gasparino said that Baumann cited potential issues with Monsanto saying, “it’s European license renewal, concerns on soy beans in Argentina and cotton seeds in India.”

On Bayer Chairman Werner Baumann holding a secret meeting with investors:
“This is what sources are telling exclusively to the FOX Business Network that Bayer Chairman Werner Baumann held a secret meeting with investors yesterday, these are about 100 investors in New York at the Four Seasons hotel on Thursday. The meeting was to address the issue that everybody’s talking about. It’s $60 billion for Monsanto and to create one of the largest agricultural companies in the world. This is what people at the meeting were saying some of this is Baumann dancing around issues, but this is what the people in the meeting said. He indicated a willingness to up his bid, somewhat. He basically said there is a limit to it, but there is a willingness to up his bid. He also started talking about concerns about Monsanto’s business model, now I’m not an expert at what Monsanto does, and the agricultural lines of business it does, but this is what Baumann cited as potential issues with Monsanto it’s European license renewal, concerns on soy beans in Argentina…and cotton seeds in India those are the three things.”

Bayer HealthCare logo

BAYER