Monsanto's Grant Seeks Partner at Dealmaking Dance He Started
June 30, 2016
June 30, 2016 by Bloomberg
Monsanto Co. Chief Executive Officer Hugh Grant is at risk of becoming the corporate equivalent of the star-crossed romantic usually played by his floppy-haired actor namesake. The boss of the world’s biggest seed maker, which rejected a $62 billion takeover offer from German rival Bayer AG last month, has made the case for industry consolidation more often -- and more loudly -- than many others. Thus far, however, he has failed to find a partner. On Wednesday, Grant returned to familiar ground when he told shareholders he was discussing a number of potential deals.