'Entirely new name' for 'Monsanto': Bayer buys leading GMO maker for bn

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The deal is the largest corporate takeover in almost two decades for a German company. German pharmaceuticals giant Bayer has agreed to buy American GMO company Monsanto for 8 a share. The acquisition values Monsanto’s equity at about billion, but including debt, the deal is worth nearly billion. The acquisition of the leading GMO maker will make Bayer the world’s biggest seed and pesticide producer. Robert Verkerk and Peter Oliver talk to RT on the matter. RT LIVE http://rt.com/on-air Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday Like us on Facebook http://www.facebook.com/RTnews Follow us on Twitter http://twitter.com/RT_com Follow us on Instagram http://instagram.com/rt Follow us on Google+ http://plus.google.com/+RT Listen to us on Soundcloud: https://soundcloud.com/rttv RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.

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