Bayer wants to take Monsanto, has $ 62 billion – Polish Radio

Monsanto headquarters in Saint Louis, Missouri, manufactures herbicides and genetically modified seed.

 

When buying Monsanto, Bayer wants to become the world’s leading company in the field of seed, plant protection and “properties of plants”, as determined by a German company in the obligatory information on the intended acquisition, which have yet to agree to the supervisory authorities of the two companies . If the deal is reached, Bayer will become the world’s largest producer of chemicals and seeds for agriculture.

 

Worldwide criticism of Monsanto

Agency dpa notes that Monsanto is the world criticized for its genetically modified products. Controversy also leads to preparation glyphosate used in the herbicide Roundup, which is the flagship product of Monsanto. In the European

Union there is an ongoing debate over the extension of the authorized use of this herbicide; it is suspected that it has carcinogenic properties. The opposite herbicide include French government.

Dpa notes that organizations environmentalists and German Greens already last week reacted critically, when the signals about the plans of Bayer. “Genetic engineering and pesticides are not future technologies, but technologies of risk” – said the head of the Greens in the German Bundestag Anton Hofreiter.

 

PAP, abo