Bayer Edges Closer to $65 Billion Deal for Monsanto

September 14, 2016 7:58 AM

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Bayer Edges Closer to $65 Billion Deal for Monsanto

Bayer’s supervisory board expected to rubber stamp latest takeover offer Wednesday

FRANKFURT—Germany’s Bayer AG BAYRY -1.74 % and Monsanto Co. MON -0.83 % are expected to announce a tie-up as early as Wednesday that would value the U.S. seed-maker at close to $130 a share, or more than $65 billion in total including debt, according to people familiar with the matter.

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