Buy Monsanto — Did Bayer

Following the merger, Bayer retired the "Monsanto" brand name , though product names like Roundup were kept as part of the Bayer portfolio .

Since the purchase, Bayer has faced over 165,000 lawsuits alleging that Monsanto's weedkiller, Roundup, causes non-Hodgkin lymphoma. This ongoing litigation has had a severe impact on the company: did bayer buy monsanto

The all-cash deal was valued at approximately $63 billion (initially announced as $66 billion). Following the merger, Bayer retired the "Monsanto" brand

In 2020, Bayer agreed to a settlement of up to $9.6 billion to resolve tens of thousands of pending claims, though many cases remain active in court today. Bayer closes Monsanto acquisition In 2020, Bayer agreed to a settlement of up to $9

To gain antitrust approval from the EU and U.S., Bayer was forced to sell significant portions of its own agriculture business, including seed and herbicide units, to its competitor BASF . Consequences of the Merger