One of the biggest M&A deals this year was the $66 billion purchase by Bayer of U.S. seeds and pesticide giant Monsanto. Werner Baumann began bidding for Monsanto 10 days after becoming the Bayer CEO in May. He eventually closed the deal with Monsanto shareholders, who agreed to receive $128 per share. If regulators approve, it will be the biggest purchase by a German firm of a U.S. company.
In December, German industrial gas maker Linde ended its own M&A pursuit of U.S. rival Praxair, in a merger that will create the world’s largest gas maker with $66 billion in sales.