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Monsanto India provides update on merger of Monsanto with Bayer

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Capital Market

Transaction expected to close by end of 2017

Monsanto India announced that the Monsanto Company (USA)Shareowners approved the merger of Monsanto with a wholly owned subsidiary of Bayer Aktiengesellschaft. Under the terms of merger agreement, Monsanto Shareowners will receive $128 per share in cash at the closing of the merger.

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First Published: Dec 14 2016 | 11:04 AM IST

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