By Christopher Alessi FRANKFURT– Bayer AG Chief Executive Werner Baumann Wednesday defended the company’s planned $ 57 billion acquisition of U.S. agrochemical group Monsanto Co. amid concerns the deal could face an uphill battle with regulatory authorities over antitrust issues. “This step is entirely logical,” Mr. Baumann said of the merger with Monsanto.… Read More »
By Natalia Drozdiak in Brussels and Brian Blackstone in Zurich BRUSSELS — An industrywide review by European Union antitrust authorities is slowing down approval for some of the megamergers that have promised to reshape the global agrochemicals business. Swiss seed and pesticide maker Syngenta AG this week said that regulatory approval of its… Read More »
Image source: The Motley Fool. Legendary investor Warren Buffett, chairman and CEO of Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) , has led the holding company to outperform the S&P 500 by an average of 11.1% from 1965 through 2015. Just one hundred dollars invested in Berkshire in 1965 would be worth $ 1.1 million today.… Read More »