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Monsanto trading below Bayer offer shows regulatory anxiety

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New York - Monsanto shares closed 13% below Bayer’s all-cash offer on Monday amid concern that regulators may complicate the proposed $62bn takeover that would create the world’s largest seed and crop-chemicals company.

The deal also drew a pledge from US senators to pay it close scrutiny amid accelerating consolidation in the industry.

Monsanto closed at $106 in New York trading on Monday, up 4.4% for the day but lower than Bayer’s $122 bid. That’s partly because of an assumption that there could be “regulatory hiccups", Chris Shaw, an analyst at Monness Crespi Hardt & Co, said in a note.

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