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Bayer CEO has ‘no regrets’ for $63bn Monsanto purchase

Bayer buys monsanto

Bloomberg Bayer AG’s $63 billion Monsanto purchase has suffered regulatory delays, mounting legal claims and now will yield lower earnings for the year than earlier forecast. Still, the company’s CEO says he has “no regrets.” The German company lost out on revenue from Monsanto’s busy spring season, when farmers in the Northern Hemisphere plant the bulk of their crops, because ...

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JM Holding weighs options including sale

Middle jm holding copy

Bloomberg JM Holding GmbH, a German family-owned investment vehicle, is exploring options including a partial sale of the business that controls two plastics companies, according to people with knowledge of the matter. A sale of about half of the firm, which is under consideration by some of the owners, would give buyers an equal proportion of two closely held German ...

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Germany, UK to drop key Brexit ask, easing path to deal

Anti brexit protest in london

Bloomberg The British and German governments have abandoned key Brexit demands, potentially easing the path for the UK to strike a deal with the European Union, people familiar with the matter said. The pound rose. Germany is ready to accept a less detailed agreement on the UK’s future economic and trade ties with the EU in a bid to get ...

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