Bayer has officially purchased Monsanto, the American maker of fertilizers and agriculture products, for $56 billion Wednesday.<br />Announced Wednesday, the bid that sealed the deal is for $128 per Monsanto (MON) share, valuing the U.S. company's equity at about $56 billion.<br />Bayer will also be taking on about $10 billion in debt.<br />The deal is among the largest German corporate takeovers of an American company, and would make Bayer the world’s largest supplier of seeds and farm chemicals, according to a recent note by Argus Research.<br />Bayer has said combining the companies would generate synergies of $1.5 billion over three years.
