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Bayer expects the $MON deal to provide its shareholders with accretion to core EPS in the first full year after closing and a double-digit percentage accretion in the third full year. Bayer expects annual EBITDA contributions from total synergies of about $1.5Bil after year three, plus additional synergies from integrated solutions in future years.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.