AntoFillot
@antofillot.bsky.social
Trying to think before speaking, and read before thinking. Yes, I'm that ambitious.
The Bayer-Monsanto merger is a textbook case of how NOT to do M&A:
✦ $63B spent to buy Monsanto
✦ Stock dropped 60%+ post-acquisition
✦ 13,400 lawsuits by 2019
✦ 12,000 jobs cut
✦ Had to sell $7.6B in assets to BASF
No conspiracy needed - just catastrophically bad business judgment 🤷🏻♂️
✦ $63B spent to buy Monsanto
✦ Stock dropped 60%+ post-acquisition
✦ 13,400 lawsuits by 2019
✦ 12,000 jobs cut
✦ Had to sell $7.6B in assets to BASF
No conspiracy needed - just catastrophically bad business judgment 🤷🏻♂️
December 21, 2024 at 10:26 PM
The Bayer-Monsanto merger is a textbook case of how NOT to do M&A:
✦ $63B spent to buy Monsanto
✦ Stock dropped 60%+ post-acquisition
✦ 13,400 lawsuits by 2019
✦ 12,000 jobs cut
✦ Had to sell $7.6B in assets to BASF
No conspiracy needed - just catastrophically bad business judgment 🤷🏻♂️
✦ $63B spent to buy Monsanto
✦ Stock dropped 60%+ post-acquisition
✦ 13,400 lawsuits by 2019
✦ 12,000 jobs cut
✦ Had to sell $7.6B in assets to BASF
No conspiracy needed - just catastrophically bad business judgment 🤷🏻♂️