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The Monsanto Company (/ m ɒ n ˈ s æ n t oʊ /) was an American agrochemical and agricultural biotechnology corporation founded in 1901 and headquartered in Creve Coeur, Missouri. Monsanto's best-known product is Roundup, a glyphosate-based herbicide, developed in the 1970s.
Here's how much Monsanto has returned to shareholders in recent years: 2011* 2010. 2009. 2008. 2007. Dividends. $612 million. $589 million. $578 million. $491 million. $328 million. Share Repurchases.
Bayer's Monsanto acquisition is the biggest acquisition by a German company to date. [149] However, owing to ongoing litigation concerning the Monsanto's herbicide Roundup and the massive financial and reputational blows it has caused Bayer, the deal is considered one of the worst corporate mergers in history.
1999 – Scotts completes agreements with Monsanto Company for exclusive U.S., Canada, U.K., France, Germany, and Australia agency and marketing rights to Monsanto's consumer Roundup herbicide products and for the purchase of the Ortho and related lawn and garden businesses. 2000 – Scotts acquires Substral. Scotts also purchases Smith & Hawken
Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker's $63 billion takeover of seed maker Monsanto.
But new CEO Bill Anderson may struggle to win over investors, who have seen the company's value sink by two thirds since its $63 billion acquisition of Monsanto in 2018, which saddled it with ...
In 1964 the United States Department of Justice brought antitrust action against Mobay, resulting in Bayer AG reaching an agreement to purchase Monsanto's share of the company in 1967. [ 6 ] : 440–441 In October 1971 Mobay, along with five other Bayer-owned chemical-related subsidiaries in the United States, merged into a single company ...
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