Tweet
Tim Loh
Thu, October 1, 2020, 3:09 AM CDT
(Bloomberg) -- Bayer AG slumped after the agriculture and pharma giant said it would have to slash costs as the pandemic’s impact on farm commodities extends into next year, further undermining the rationale for its $63 billion purchase of Monsanto Co.
... The pandemic has hurt demand for agricultural commodities and biofuel, exacerbating headwinds like trade tensions, competition and the African swine fever.
Thu, October 1, 2020, 3:09 AM CDT
(Bloomberg) -- Bayer AG slumped after the agriculture and pharma giant said it would have to slash costs as the pandemic’s impact on farm commodities extends into next year, further undermining the rationale for its $63 billion purchase of Monsanto Co.
... The pandemic has hurt demand for agricultural commodities and biofuel, exacerbating headwinds like trade tensions, competition and the African swine fever.
