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Old 09-16-2016, 07:52 PM
CarlV's Avatar
CarlV CarlV is offline
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Join Date: May 2009
Location: SF east bay
Posts: 4,455
Bayer's Monsanto

While we were taking a couple days off, one of the most corrupt European corporations buys one of the most corrupt American corporations.
Quote:
St. Louis-based Monsanto is the world's largest seller of seeds and the leading producer of genetically modified crops.

Bayer, meanwhile, might be familiar to many for its aspirin products — but it's also a major player in pesticides. As the Two-Way has reported, "the company is a German pharmaceutical and chemical powerhouse with 102,000 employees and $41 billion in revenue last year. Like Monsanto, it sells agricultural products such as seeds and pesticides. That's in addition to a plastics business, diagnostic imaging products, health products for animals and a biotech division."

The purchase is part of "a dramatic wave of consolidation among the companies that sell seeds and pesticides to farmers," as NPR's Dan Charles puts it.

"Two other such deals are currently in the works," Dan explains. "DuPont is merging with Dow, and the China National Chemical Corp. is buying Syngenta, which is currently the world's biggest seller of agricultural chemicals."
http://www.npr.org/sections/thetwo-w...for-66-billion
Something tells me there a lot more to this than meets the eye.....

Carl
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