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Bayer’s Open Offer Triggers Rally In Monsanto India Shares. September 21, 2016. Shares surged over 6 per cent to an intraday high of Rs. 2,539 on Wednesday, following German pharma and chemical major Bayer Group’s announcement about a mandatory open offer to buy up to 26 per cent additional stake in Monsanto India for over Rs. Bayer’s open offer for Monsanto India comes in the backdrop of its $66 billion deal to acquire US biotech major Monsanto, which is the parent of Monsanto India. September 20, 2016.
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