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Monsanto : Bayer AG - Decision by Hamburg Regional Court in respect of reporting by WirtschaftsWoche

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08/22/2018 | 12:23pm EDT

Leverkusen - Upon application by Bayer, the Hamburg Regional Court on August 20, 2018, prohibited last Thursday's report by German magazine WirtschaftsWoche claiming that Bayer faces 'new trouble' because of further lawsuits against Monsanto in connection with Dicamba.

In its print issue on Friday, WirtschaftsWoche again reported incorrectly that 'new lawsuits' had been filed against Monsanto.

Cautionary Statements Regarding Forward-Looking Information

Certain statements contained in this communication may constitute 'forward-looking statements.' Actual results could differ materially from those projected or forecast in the forward-looking statements. The factors that could cause actual results to differ materially include the following: the risk that the parties may be unable to achieve expected synergies and operating efficiencies in the merger within the expected timeframes (or at all) and to successfully integrate the operations of Monsanto Company ('Monsanto') into those of Bayer Aktiengesellschaft ('Bayer'); such integration may be more difficult, time-consuming or costly than expected; revenues following the transaction may be lower than expected; operating costs, customer loss and business disruption (including difficulties in maintaining relationships with employees, customers, clients or suppliers) may be greater or more significant than expected following the transaction; the retention of certain key employees at Monsanto; the parties' ability to meet expectations regarding the accounting and tax treatments of the merger; the impact of refinancing the loans taken out for the transaction; the impact of indebtedness incurred by Bayer in connection with the transaction and the potential impact on Bayer's rating of indebtedness; the effects of the business combination of Bayer and Monsanto, including the combined company's future financial condition, operating results, strategy and plans; other factors detailed in Monsanto's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the 'SEC') for the fiscal year ended August 31, 2017, and Monsanto's other filings with the SEC, which are available at http://www.sec.gov and on Monsanto's website at www.monsanto.com and other factors discussed in Bayer's public reports which are available on the Bayer website at www.bayer.com. Bayer assumes no obligation to update the information in this communication, except as otherwise required by law. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.

Media Contact:

Tel: +49 214 30-47686

Fax: +49 214 30-55156

(C) 2018 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
BAYER AG -1.53% 60.32 Delayed Quote.1.19%
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Managers
NameTitle
Sara Miller Director-Global Communications & Marketing
Kathleen Manning Manager-North America Marketing Communications
Kelly Gast Vice President-Commercial Finance
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