Market Overview

Bayer CropScience To Acquire AgraQuest

Share:
Related BAYRY
25 Stocks Moving In Friday's Pre-Market Session
A Peek Into The Markets: U.S. Stock Futures Rise On Black Friday
Nektar Therapeutics down 1% premarket after Bayer bails on agreement to develop inhaled amikacin (Seeking Alpha)

Bayer (OTC: BAYRY) reported that its pesticides arm CropScience will buy US-based biological company AgraQuest for $425 million plus milestone payments.

AgraQuest's revenue came in at $40 million last year.

Bayer shares gained 1.65% to close at $73.41 on Tuesday.

Posted-In: merger and acquisitionNews M&A

 

Related Articles (BAYRY)

View Comments and Join the Discussion!