Monsanto in Talks With Bayer, Others About “Strategic Options”

Monsanto Co is in talks with Bayer AG and other companies regarding “alternative strategic options,” a month after it rejected the German company’s $62-billion takeover offer, the U.S. seed producer said on Wednesday.┬áMonsanto’s options include combinations with other companies and businesses in the sector beyond Bayer. Potential deals could involve BASF and any businesses divested from the Dow/DuPont merger, according to analysts.┬áMonsanto, which also reported lower-than-expected sales for the sixth straight quarter on Wednesday, had approached Bayer about a potential acquisition of its crop science unit, Reuters reported in March.

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