Monsanto shares up 10% on Bayer, BASF interest

May 12, 2016 3:26 PM

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Germany's Bayer AG is reportedly considering a bid for U.S. seed company Monsanto that would create an even-larger international agricultural giant.

The deal would pair Monsanto, the world's largest seed company, with drug maker Bayer's growing seed and crop protection portfolio, according to Bloomberg, which cited persons familiar with the matter.

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