(RTTNews.com) – Bayer AG (BAYZF.PK, BAYRY.PK, BYR.L) is preparing to increase its takeover offer for Monsanto Co. ( MON ), according to media reports, citing people familiar with the matter. Bayer to raise its offer to about $ 129 per share for Monsanto, compared with the $ 127.50 it proposed in early September,… Read More »
According to a report from Reuters , Monsanto’s MON board is meeting on Tuesday to a decide whether to accept a takeover offer from Bayer BAYRY . After months of negotiations, Monsanto is close to approving its sale for more than $ 65 billion. Last week, Bayer disclosed a $ 127.50 per share cash offer… Read More »
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Materials Select Sector SPDR Fund (Symbol: XLB) where we have detected an approximate $ 71.2 million dollar inflow — that’s a 2.7% increase week over week in outstanding units (from 55,223,725 to 56,723,725). Among… Read More »