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Next fun fact: Bayer and Monsanto together are now worth less than Monsanto alone at the time of the acquisition.

by stiGGG 7y ago

tonyedgecombe 7y ago
It seems two wrongs don't make a right.
Jonnax 7y ago
What happened?
- lnsp 7y ago
  Too much evil spirit for a single company to contain. And they had to pay like 80M Eur in damages to a pensioner being related to Glyphosat being carcinogenic. This ruling may have set a precedent for the future.
- Tomte 7y ago
  US juries, after years of reluctance, spontaneously decide that Glyphosat is a killer and worth heavy punitive damages. As soon as a foreign company bought Monsanto, that is. I don't really mind the verdict itself, but the timing is more than a bit suspicious.
  - est31 7y ago
    > I don't really mind the verdict itself, but the timing is more than a bit suspicious. Yeah, that's definitely a bit weird. It's similar to when a government entity in the USA suddenly discovered the Diesel cheating just when big foreign car manufacturers had large successes in the US market. Even though it was made to look like it in the news, Volkswagen wasn't the biggest perpetrator [0]. And currently the US government puts major pressure onto the DTAG-Sprint merger and constantly comes up with new requirements, e.g. now they want DTAG to stop buying Huawei products world wide [1]. [0]: https://upload.wikimedia.org/wikipedia/commons/3/34/Nitrogen_oxide_on-road_emissions_by_manufacturer_and_capacity.svg https://upload.wikimedia.org/wikipedia/commons/3/34/Nitrogen... [1]: https://www.reuters.com/article/us-sprint-corp-m-a-t-mobile-huawei-exclu/exclusive-t-mobile-sprint-consider-dropping-huawei-see-u-s-security-clearance-for-deal-sources-idUSKBN1OD2HO https://www.reuters.com/article/us-sprint-corp-m-a-t-mobile-...
    - Latteland 7y ago
      It wasn't like foreign autos weren't successful in the us until 5-10 years ago. BMW, Audi, VAG were not just suddenly crushing us companies.
maze-le 7y ago
Doesn't that mean, that Monsanto and Bayer were both hopelessly overvalued by the time of the acquisition? I wonder which other company-valuations are overblown only by the image a they have (cough ... facebook ... cough). Metrics beyond "observables" -- assets, infrastructure, patents -- seem to be impossible, when considering investments, i.e. how much of these values are pure speculation (?). On the other hand -- these lawsuits were also "observable", but not really "measurable".

Next fun fact: Bayer and Monsanto together are now worth less than Monsanto alone at the time of the acquisition.

by stiGGG 7y ago

Next fun fact: Bayer and Monsanto together are now worth less than Monsanto alone at the time of the acquisition.

tonyedgecombe 7y ago

It seems two wrongs don't make a right.

Jonnax 7y ago

What happened?

lnsp 7y ago
Too much evil spirit for a single company to contain. And they had to pay like 80M Eur in damages to a pensioner being related to Glyphosat being carcinogenic. This ruling may have set a precedent for the future.
Tomte 7y ago
US juries, after years of reluctance, spontaneously decide that Glyphosat is a killer and worth heavy punitive damages. As soon as a foreign company bought Monsanto, that is. I don't really mind the verdict itself, but the timing is more than a bit suspicious.
- est31 7y ago
  > I don't really mind the verdict itself, but the timing is more than a bit suspicious. Yeah, that's definitely a bit weird. It's similar to when a government entity in the USA suddenly discovered the Diesel cheating just when big foreign car manufacturers had large successes in the US market. Even though it was made to look like it in the news, Volkswagen wasn't the biggest perpetrator [0]. And currently the US government puts major pressure onto the DTAG-Sprint merger and constantly comes up with new requirements, e.g. now they want DTAG to stop buying Huawei products world wide [1]. [0]: https://upload.wikimedia.org/wikipedia/commons/3/34/Nitrogen_oxide_on-road_emissions_by_manufacturer_and_capacity.svg https://upload.wikimedia.org/wikipedia/commons/3/34/Nitrogen... [1]: https://www.reuters.com/article/us-sprint-corp-m-a-t-mobile-huawei-exclu/exclusive-t-mobile-sprint-consider-dropping-huawei-see-u-s-security-clearance-for-deal-sources-idUSKBN1OD2HO https://www.reuters.com/article/us-sprint-corp-m-a-t-mobile-...
  - Latteland 7y ago
    It wasn't like foreign autos weren't successful in the us until 5-10 years ago. BMW, Audi, VAG were not just suddenly crushing us companies.

maze-le 7y ago

Doesn't that mean, that Monsanto and Bayer were both hopelessly overvalued by the time of the acquisition? I wonder which other company-valuations are overblown only by the image a they have (cough ... facebook ... cough). Metrics beyond "observables" -- assets, infrastructure, patents -- seem to be impossible, when considering investments, i.e. how much of these values are pure speculation (?). On the other hand -- these lawsuits were also "observable", but not really "measurable".