Negotiations between Bayer and Monsanto are advancing toward a deal after the companies made progress on issues including the purchase price and termination fee, people familiar with the matter said.
Bayer chief executive Werner Baumann and his US counterpart Hugh Grant have had a series of constructive meetings in recent weeks, said the people. The companies,
in talks to create the world’s largest producer of seeds and pesticides, could reach an agreement in the next...
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