Bayer launches jumbo rights issue as Monsanto deal closes

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Bayer launches jumbo rights issue as Monsanto deal closes

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25 may 2018, Germany, Bonn: Werner Baumann, CEO of Bayer, speaks at the general meeting of his company. Photo: Henning Kaiser/dpa | Henning Kaiser/DPA/PA Images

Bayer, the German life sciences company, this week unveiled the terms for a €6bn rights issue, after its acquisition of Monsanto, the US agrochemical and biotech company, cleared its final regulatory hurdles last week.

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