Insights and Stories of Ludwig Burger

Jun. 29, 2017 at 4:27 pm CDT

Ludwigshafen, Germany | Reuters — BASF will consider buying seed assets that rivals are putting on the block to win antitrust approval for tie-ups, saying bargain prices could persuade BASF to overcome its traditional reluctance to expand into the seeds industry. Sources familiar with BASF’s thinking have said that competition […]

By Ludwig Burger, Patricia Weiss

Feb. 22, 2017 at 1:53 pm CST

Leverkusen, Germany | Reuters — German drugs and pesticides maker Bayer forecast a year without earnings growth for its agricultural products business on Wednesday, as it seeks to complete its US$66 billion deal to take over U.S. seeds giant Monsanto. Bayer has said the deal, which would put the size […]

By Ludwig Burger

Feb. 8, 2017 at 6:19 pm CST

Reuters — Swiss pesticides and seeds group Syngenta pushed back the expected closure of its agreed US$43 billion takeover by ChemChina to the second quarter of 2017, but said it was making progress in winning regulatory approval for the deal. The transaction is important for China, the world’s largest agricultural […]

By Ludwig Burger, Michael Shields

Sep. 16, 2016 at 12:46 pm CDT

Frankfurt | Reuters — Bayer’s US$66 billion purchase of Monsanto amounts to a long-term bet that farmers will grow to trust combinations of seeds and pesticides rather than continue to pick from ranges of separate products. In the short term, the German drugs and chemicals firm hopes to benefit from […]

By Ludwig Burger

Sep. 14, 2016 at 10:28 am CDT

New York/Frankfurt | Reuters — German drugs and crop chemicals company Bayer has won over U.S. seeds firm Monsanto with an improved takeover offer of US$66 billion including debt, ending months of wrangling after increasing its bid for a third time. The $128 a share deal announced on Wednesday, up […]

By greg-roumeliotis, Ludwig Burger