Bayer had announced the accelerated bookbuilding late on Tuesday
This new lab will focus on developing seed treatments, herbicides, fungicides, and insecticides
Bayer will acquire up to 44,88,315 shares of Monsanto India from public shareholders at a price of Rs 2,481.60 a piece
The German drug and chemical conglomerate is considering a move to avoid sullying its reputation
Largest-ever deal involving German buyer, beating Daimler's tie-up with Chrysler in 1998, which valued US carmaker at $40 bn
Monsanto in July rejected Bayer's improved $55-billion bid, describing the $125-a-share proposal as 'financially inadequate'
Bayer's Monsanto bid yields poor financial harvest