As Bayer Monsanto merger closes, a toxic corporate name to be retired

When Bayer told me that he would pay more than $ 60 billion to buy Monsanto, it wanted a pesticide manufacturer, but not all relevant bags have names. For clarity, this German pharmaceutical company does not want its brand image to be reminiscent of protesters and GM crops.

As all cash transactions are scheduled to end on Wednesday, Bayer is convinced that no one will be surprised. "Monsanto is no longer a company name," he said in a statement. "The acquired product retains its brand name and becomes part of the Bayer product portfolio."

This decision can be viewed as evidence of how anti-Monsanto demonstrations shaped perceptions of public companies over the years. In that statement, Bayer is hostile to weed murderers such as Monsanto's general election and genetically modified crops made by American companies and offers a variety of olive branches.

Werner Baumann, chairman of the Bayer Management Committee, said in a statement: "While we find common grounds, we listen to criticism and cooperate." They have to talk to each other. We need to listen to each other. This is the only way to build a bridge. "

In 2016, Bayer and Monsanto announced that they would become the world's largest seed pesticide company, regardless of its name.

Recently, according to Monsanto's website, Bayer CropScience and Monsanto signed a series of long-term business contracts and licensing agreements related to major agricultural technologies. This allows Monsanto and Bayer to obtain mutual herbicide and pair herbicide tolerance technology for free. Through such cross license agreement, M & A, the biotechnology industry has become today's IG Farben, Monsanto cockpit. Monsanto is trying to acquire Syngenta only by explaining the responsibilities of a large industrial chemical farming and biotechnology group and mitigating responsibilities. There is no competition between Big Ag and Biotech Corporation. As in Bayer and Monsanto, chemical farmers, seed farmers and credit farmers also purchase these harmful substances in the distribution route in India.

The Bayer - Monsanto merger is in progress, shareholder approval is confirmed, and the total asset sale is estimated at $ 2.5 billion. Early this year, the cards congratulated the merger in the beginning of January 2017 at a meeting with Monsanto and Bayer CEO. It is not a company that only Monsanto and Bayer are involved with. Dow Chemical has acquired DuPont and its impact is very big. If Bayer-Monsanto reaches an agreement, the resulting company will have 29% of the global seed market and 25% of the world's pesticide market. Dow Chemical and Du Pont dominate 41% of corn and 38% of the share of the soybean seed market. If both transactions are realized, the seed market of corn and soy will actually become a duo. Basically, the vast majority of breeding plants for genetically modified crops are owned by only two large companies.