Bayer has lost billions in value since it acquired Monsanto last year. Here's an illustrated look at how it went so wrong.
BERLIN—Bayer AG fought hard to take over Monsanto Co. Today, the $63 billion gambit ranks as one of the worst corporate deals in recent memory—and is threatening the 156-year-old company’s future.
Ten days after Werner Baumann became chief executive of Bayer in May 2016, he made a bid for Monsanto that was designed to turn the inventor of aspirin into the world’s biggest crop-science business.
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