Bayer offers $65bn to win control of Monsanto

Germany’s Bayer has raised its offer for Monsanto to $65bn, or $127.50 a share, in a bid to create a global seeds and pesticides giant.
Combining Bayer and Monsanto would create the world’s biggest agricultural supplier and be a market leader in the US, Europe and Asia.
Bayer’s farm business produces seeds as well as chemicals to combat weeds and insects, but it is better known for its healthcare products such as Aspirin and Alka-Seltzer.Monsanto is primarily known for its genetically modified seeds for crops including corn, soybeans, cotton, wheat and sugar cane. Such seeds have attracted criticism from some environmental activists.