David it is all straight ahead on bloomberg best. David hello and welcome, i am david gura. This is bloomberg best, the weekly review of the most important analysis of Business News and interviews from around the world. Two giant Chemical Companies took over the headlines. Shery bayer is proposing a blockbuster deal that would create the largest supply of Farm Chemicals and genetically modified seed. Bayer wants to buy monsanto for 62 billion in cash. That represents a 20 premium. It would be the biggest takeover ever by a german company. Francine if monsanto actually rejects the offer, are you ready or do you have a capacity to increase the offer . Werner we are totally convinced about the effectiveness of our offer. It is a 37 premium over and above the effective share price as of may 9. That is a strong testament as to the Value Proposition of monsanto shareholders. It is also in line with the transactions and attempted transactions we have seen in the past. We are fully convinced t
That growth stalling in april, and weakness in private consumption increasing the likelihood of that delay. Quit. O of noble group has accepted theaid it resignation, with William Randall and jeff frase replacing him. Plunge 60 of her questions about Accounting Practices dogging the company. Wang jianlin is offering to buy a hong kongatize listed property unit. Wang jianlin told China Central television that the unit is substantially undervalued and must proceed with the privatization. Closed in the u. S. And u. K. Today for memorial day. Lets check in on markets in this part of the world. We are in the middle of the trading session and asia. Topix up. Nikkei 225 up by over 1 . At the moment. Swinging between gains and losses. Take a look at the fx space, the out,g dollar story playing continuing to talk up the expectation of an imminent rate hike by the fed. 4 10 of a percent to the upside for the dollar index, that is what dollaryen is looking like. Falling the most in a month. Takin
David it is all straight ahead on bloomberg best. David hello and welcome, i am david gura. This is bloomberg best, your weekly review of the most important analysis of Business News and interviews from around the world. As the week began, a proposal to merge two giant Chemical Companies took over the headlines. Shery bayer is proposing a blockbuster deal that would create the largest supply of Farm Chemicals and genetically modified seed. Bayer wants to buy monsanto for 62 billion in cash. That represents a 20 premium. It would be the biggest takeover ever by a german company. Francine if monsanto actually rejects your offer, are you ready or do you have a capacity to increase the offer . Werner we are totally convinced about the effectiveness of our offer. If you look at the fact that it is a 37 premium over and above the effective share price as of may 9. That is a strong testament as to the Value Proposition of monsanto shareholders. It is also in line with the transactions and att
At the center of this epidemic is on lockdown, nobody allowed to leave or enter. So far at least 41 people have died, and there are more than 1,300 confirmed cases across the globe. The coronavirus has sent shock waves through global markets. The state department is now telling americans in the clearest way possible, do not travel to china. The Defense Department is designating military bases across the country that could house 1,000 quarantine patients. On friday u. S. Health officials declared the virus a Public Health emergency. There are squads of people who are going door to door, dragging people from their apartments because theyre suspected of having the virus. The number of cases worldwide now topping 6,000. 60,000. Over 90,000 cases. The new name, covid19. New deaths and new infections. Many experts say the death toll is being underestimated by as much as fourfold. So at the hong kong airport, theyre making an announcement now to maintain your personal hygiene and not to trave