May 24, 2016 / 5:46 PM / a year ago

BRIEF-Fitch puts Bayer AG on rating watch negative

May 24 (Reuters) - Fitch:

* Fitch puts bayer ag on rating watch negative

* Fitch - Has Placed Bayer Ag’s (Bayer) ‘A’ Long term issuer default rating (IDR) on rating watch negative

* Fitch on BAYER - Upon completion of transaction, will likely downgrade bayer’s ratings by at least two notches

* Fitch - Rating action follows Bayer’s announcement that it intends to launch a formal offer to acquire US-based chemical company monsanto for $62 billion Source text for Eikon: (Bengaluru Newsroom; +1 646 223 8780)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below