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Local leaders optimistic after Bayer-Monsanto announcement

Leaders of two West County communities who met with Monsanto Co. and Bayer AG executives came away cautiously optimistic that the sky won’t be falling if Bayer’s proposed acquisition of locally-based Monsanto occurs. An agreement under which Bayer will purchase Monsanto for $66 billion in an all-cash deal was announced Sept. 14, and the companies wasted no time in bringing together Chesterfield and Creve Coeur officials, as well as other community leaders, for a luncheon discussion about the transaction and what it does and doesn’t mean. Hugh Grant and Werner Baumann, top executives at Monsanto and Bayer, respectively, met with ...

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