U.S. Regulators Want Additional Divestitures, but Bayer-Monsanto Deal Will Probably Still Close
On March 15, Bloomberg reported that the U.S. Justice Department’s antitrust division wants further divestitures from either Bayer or Monsanto before approving the merger. The market reacted negatively to the news, sending Monsanto’s share price down roughly 4% to $118 per share, and Bayer shares were down nearly 1% to EUR 95 per share at the time of writing. While some additional divestitures will likely be required, we ultimately think Bayer and Monsanto will be able to work out a deal to win ...Monsanto, along with its subsidiaries, is a provider of agricultural products for farmers. The company has two business segments: Seeds and Genomics, and Agricultural Productivity. Through its Seeds and Genomics segment, the company produces seed brands, including DEKALB, Asgrow, Deltapine, Seminis and De Ruiter, and the company develops biotechnology traits that assist farmers in controlling insects and weeds. The company also provides other seed companies with technology and genetic material for their seed brands. Through its Agricultural Productivity segment, the company manufactures Roundup brand herbicides and other herbicides and provides lawn-and-garden herbicide products for the residential market.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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