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Monsanto Co

Bayer makes move for Monsanto in global agrichemicals shakeout

German drugs and chemicals group Bayer has made an unsolicited takeover proposal to U.S. seeds company Monsanto, aiming to create the world’s biggest agricultural supplier and take advantage of converging pesticides and seeds markets. Monsanto Co disclosed the approach on Wednesday before Bayer AG confirmed its move, though neither released proposed deal terms. With Monsanto’s