A huge merger has been announced in the agriculture world as German drugs and crop chemicals company Bayer has won over US seeds firm Monsanto.
Bayer's quest to become the world's largest producer of seeds and pesticides has led it to raise the price it is willing to pay for US firm Monsanto to more than $65 billion.
Monsanto has rejected an offer worth $62 billion (55.6 billion euros) from Bayer trying to create the world's biggest agricultural supplier.
Germany's Bayer has offered to buy US seeds company Monsanto for $62 billion (55 billion euros) in cash trying to gain the top spot in the fast-consolidating farm supplies industry.
German football World Cup winner Uli Hoeness is set for a prison term and has resigned as as president of Bayern Munich football club and chairman of