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Chemical Giant Bayer Agrees To Buy Monsanto For $66 Billion
« on: September 16, 2016, 00:45:18 AM »
Chemical Giant Bayer Agrees To Buy Monsanto For $66 Billion

The Monsanto logo on a building at the firm Manufacturing Site and Operations Center near Antwerp, Belgium, on May 24.
  John Thys/AFP/Getty Images

The German pharmaceutical and chemical giant Bayer says it will buy U.S. seed seller Monsanto for $66 billion in an all-cash deal that will create the world's largest supplier of seeds and agricultural chemicals.

 The takeover offer, which Monsanto has accepted, is $4 billion more than Bayer had initially offered and a 44 percent premium over Monsanto's stock price on May 9, a day before negotiations began. Bayer says it will be taking on $57 billion in debt to finance the purchase, which is the largest-ever foreign acquisition by a German company.

 The two companies have little product overlap, NPR's Jim Zarroli explained back when the deal was being negotiated. But regulators might still be wary of the purchase, based on the combined control the company would have over agricultural products.
 
 
 The Salt
  Big Seed: How The Industry Turned From Small-Town Firms To Global Giants
 
 St. Louis-based Monsanto is the world's largest seller of seeds and the leading producer of genetically modified crops.

 Bayer, meanwhile, might be familiar to many for its aspirin products — but it's also a major player in pesticides. As the Two-Way has reported, "the company is a German pharmaceutical and chemical powerhouse with 102,000 employees and $41 billion in revenue last year. Like Monsanto, it sells agricultural products such as seeds and pesticides. That's in addition to a plastics business, diagnostic imaging products, health products for animals and a biotech division."

 The purchase is part of "a dramatic wave of consolidation among the companies that sell seeds and pesticides to farmers," as NPR's Dan Charles puts it.

 "Two other such deals are currently in the works," Dan explains. "DuPont is merging with Dow, and the China National Chemical Corp. is buying Syngenta, which is currently the world's biggest seller of agricultural chemicals."

 The Bayer-Monsanto deal might have interesting cultural consequences, as well Monsanto, Dan notes, "has come to represent, in a shorthand way, lots of things that some people love to hate: genetically modified food; patents on seeds; lawsuits against farmers for saving and replanting those seeds; and corporate influence over government food policy."
 
 
 The Salt
  If Monsanto Disappears, Will It Matter?
 
 Dan says there are a number of questions: Will people still march against Monsanto if Monsanto is no more? And how will Europe — famously opposed to GMOs — respond to the world's biggest GMO seller becoming an European company, instead of an American one?

 Reuters reports that Bernstein Research analysts give the deal a 50/50 chance of being approved by regulators.
 The analysts anticipate "political pushback" to the deal, including resistance from farmers, the wire service writes.

 The deal comes as falling crop prices have caused a slide in farm profits, "which has cut into the amount that farmers can pay for chemicals and seeds," Jim tells our Newscast unit.

 He says the deal is expected to be completed by the end of 2017. But should the deal fail to win regulatory approval, Bayer has agreed to pay a $2 billion fee.

http://www.npr.org/sections/thetwo-way/2016/09/14/493896473/chemical-giant-bayer-agrees-to-buy-monsanto-for-66-billion

Linkback: http://www.wikileaks-forum.com/environmental-issues/319/chemical-giant-bayer-agrees-to-buy-monsanto-for-dollar66-billion/35036/

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Re: Chemical Giant Bayer Agrees To Buy Monsanto For $66 Billion
« Reply #1 on: September 16, 2016, 00:56:11 AM »
BAYER SORRY FOR NAZI ROLE

The Bayer aspirin company has finally apologized for the inhumane acts of its parent firm including using Jewish slave laborers during the Holocaust. "I have sorrow and regret and apologize for the inhumanity in my country for what I.G. Farben did to your people," Helge Wehmeier, the head of Bayer Corp., told Holocaust survivor Elie Wiesel at a lecture last week.

Bayer's parent company, Bayer AG, was part of the German chemical conglomerate I.G. Farben, which used Jewish slaves at its factories during the Holocaust including one at which Wiesel worked as a teenager.

I.G. Farben also had a significant investment in a company that made Zyklon B gas, which was used to kill hundreds of thousands of Jews at Auschwitz the concentration camp in Poland where Wiesel's mother and sister died. Last Wednesday's lecture, at which Wehmeier introduced Nobel Prize-winning Wiesel, almost didn't happen.

Wiesel found out months ago that Bayer was a sponsor of the Three Rivers Lecture Series in Pittsburgh, and he canceled his appearance. When the director of the series, Dennis Ciccone, told Wehmeier that Wiesel declined to attend because Bayer was a sponsor, Wehmeier visited Wiesel at his New York apartment. "I was very moved by the man," Wiesel told the Pittsburgh Post-Gazette. "I explained to him the situation. And I said to him, 'Look, Bayer never apologized.

' I said it straight out. "And he said, 'What if I apologize?'

"Right then, I knew he would do it, and do it well," Wiesel said. During his lecture, Wiesel noted that Wehmeier who was born in 1943 was hardly responsible for the actions of his forefathers.

"It's not your fault that I.G. Farben was guilty," he said in his lecture. And Wehmeier spoke of his "shock and shame" at learning of the actions of the Nazi regime. "I'd like a future relationship between Germans and Jews that will not solely be defined by Hitler," he said.

http://www.nydailynews.com/archives/news/bayer-nazi-role-article-1.701925

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Re: Chemical Giant Bayer Agrees To Buy Monsanto For $66 Billion
« Reply #2 on: September 16, 2016, 01:05:28 AM »
Auschwitz: 60 Year Anniversary– the Role of IG Farben-Bayer
 Date: Thu, 27 Jan 2005

 Today marks the 60th anniversary of the Soviet liberation of the Nazi death camp, Auschwitz. Elderly Holocaust survivors, former soldiers and world leaders have gathered in Poland to mark the 60th anniversary: “I would like to say to all the people on the Earth: This should never be repeated, ever,” said Maj. Anatoly Shapiro, 92, who led the first Soviet troops to enter Auschwitz.

 Lest we forget an important corporate participant in the Holocaust – two excerpts shed light on the role of IG Farben, ie. Bayer.

 IG Farben was the most powerful German corporate cartel in the first half of the 20th century and the single largest profiteer from the Second World War. IG (Interessengemeinschaft) stands for “Association of Common Interests”: IG Farben included BASF, Bayer, Hoechst, and other German chemical and pharmaceutical companies.
 As documents show, IG Farben was intimately involved with the human experimental atrocities committed by Mengele at Auschwitz.

 A German watchdog organization, the GBG Network, maintains copious documents and tracks Bayer Pharmaceutical activities.

 Below is an excerpt from a BBC documentary about an Auschwitz survivor who for years tried to get compensation from the pharmaceutical giant that carried out medical experiments on her. Now living in Dundee, Scotland, she tells her story in a BBC documentary.

 Another excerpt is from the website of the Dr. Rath Health Foundation. Dr. Matthias Rath heads a research development institute in nutritional and Cellular Medicine conducting basic research and clinical studies to scientifically document the health benefits of micronutrients in fighting a multitude of diseases. Dr. Rath was born in Stuttgart, Germany in 1955.

 In the Auschwitz files, correspondence between the camp commander and Bayer Leverkusen was discovered. It dealt with the sale of 150 female prisoners for experimental purposes:
 “With a view to the planned experiments with a new sleep-inducing drug we would appreciate it if you could place a number of prisoners at our disposal (…)” – “We confirm your response, but consider the price of 200 RM per woman to be too high. We propose to pay no more than 170 RM per woman. If this is acceptable to you, the women will be placed in our possession. We need some 150 women (…)” – “We confirm your approval of the agreement. Please prepare for us 150 women in the best health possible (…)” – “Received the order for 150 women. Despite their macerated condition they were considered satisfactory. We will keep you informed of the developments regarding the experiments (…)” – “The experiments were performed. All test persons died. We will contact you shortly about a new shipment (…)”

 See: http://www4.dr-rath-foundation.org/PHARMACEUTICAL_BUSINESS/history_of_the_pharmaceutical_industry.htm

 
Medical Experiments in Auschwitz Conducted by I.G. Farben (from the book “I.G. Farben – from Anilin to forced labor” by Jörg Hunger and Paul Sander)

 Unethical human experiments are a major threat to vulnerable populations everywhere – including in the US where, for example, the EPA is seeking to conduct pesticide exposure experiments on children. The IG Farben culture continues to drive the chemical-pharmaceutical industry. "Profit urber alles" – that means ANYTHING goes – profit above all else.

 Contact: Vera Hassner Sharav
 212-595-8974
 
 
 About Bayer´s Nazi-past
 IG Farben was the only German company in the Third Reich that ran its own concentration camp. At least 30.000 slave workers died in this camp; a lot more were deported to the gas chambers. It was no coincidence that IG Farben built their giant new plant in Auschwitz, since the workforce they used (altogether about 300.000 people) was practically for free. The Zyklon B gas, which killed millions of Jews, Gypsies and other people was produced by IG Farben´s subsidiary company Degesch.

 In Germany a growing number of people do not understand that IG Farben´s successors Bayer, BASF and Hoechst still refuse to apologize for their misdeeds. It is hard to accept that after the war the companies were allowed to keep IG Farben´s entire property, whereas the surviving slave workers received nothing. Until today Bayer, BASF and Hoechst did not pay any wages to their former workers.

 In 1995 the coalition “Never again!” was created by the German Auschwitz Committee, Critical Shareholders and several organizations of former slave workers. In a joint appeal the coalition demands that there has to be an appropriate compensation by the companies for slave-workers and their descendants. Also the maintenance of the memorial at Auschwitz, which reminds the public of IG Farben´s victims, should be paid by the corporations.

 “Never again!” states that without verification of the past we always have to be present so that these crimes might never happen again. More than 1,500 individuals and about 100 German groups have signed this platform. The activities were organized by the Coalition against Bayer-dangers, a group that has monitored Bayer for 25 years.

 Life as a human guinea pig
 For years an Auschwitz survivor has tried to win compensation from the pharmaceutical giant that carried out medical experiments on her. Now living in Dundee, she tells her story in a BBC documentary.

 Zoe Polanska Palmer never imagined she would survive Dr Mengele’s experiments in Auschwitz.

 Nor did her German doctors. Like thousands of other children, she was destined to be gassed once her usefulness to Nazi science had ceased.

 During her two years at the camp, 13-year-old Zoe was forced to take tablets and pills as part of a series of pharmacological experiments, believed to be part of early birth control tests.

 But Zoe refused to die. Saved by a Russian doctor who evacuated her to Dachau, she recovered and eventually settled in Scotland.

 Now in her early 70s, she has been fighting for compensation and an apology from the German drug manufacturer, Bayer.

 “I still find it difficult to take aspirin,” she says. “I remember one of the SS doctors holding my jaw open and forcing pills down my throat. I’m still very wary of men wearing white coats.”

 Eyewitness testimonies held in the Auschwitz camp archive claim the doctor who force-fed her pills worked for the pharmaceutical company Bayer when it was part of the IG Farben conglomerate.

 His name was Dr Victor Capesius. It’s a name that Zoe can never forget.

 He helped Dr Mengele to conduct genetic experiments, usually on children, and also selected thousands of prisoners at the huge death camp, choosing those who might be useful and sending the rest to an immediate death with a flick of his finger.

 Dr Capesius was tried in Frankfurt for war crimes in 1963 and served time in prison.

 Another longtime Bayer employee, Helmut Vetter, also worked as a SS doctor at Auschwitz. He was involved in the testing of experimental vaccines and medicines on inmates and after the war he was executed for administering fatal injections.

 Denial of culpability

 “The concentration camps were used as a huge laboratory for human experimentation,” says Wolfgang Eckhart, the Professor of Historical Medicine at Heidelberg University.

 “We have to look upon the camps as outposts of pharmacological research. The Nazis wanted to sterilise the population of the east, especially Russian people, but enable them to continue to be useful as workers.”

 The pain has yet to heal

 Bayer says the company which exists today has nothing to do with its wartime counterpart. A spokesperson told the BBC: “Between 1925 and 1952, no company named Bayer existed, neither as a subsidiary of IG Farben nor as any other legal entity.

 “Bayer has worked in good faith with the German government to establish a fund to help those who have suffered. The company’s contribution to this fund amounted to more than £40m.”

 Damaged beyond repair

 Although it is nearly 60 years since the end of World War II, for survivors like Zoe the consequences of the war are as alive today as they were in January 1945 when the Russian Army liberated Auschwitz.

 After the war, Zoe married and settled in Scotland. There she underwent several painful operations to repair the damage done to her body. But she has never been able to have children. Now suffering from cancer, she is a remarkably cheerful woman whose home in a quiet suburb is punctuated with laughter from her jokes and tears from her memories.

 When I first travelled to meet her in July 2002, she was angry that she had been ignored for so long by the authorities managing the compensation fund set up by German industry and the German government.
 She had campaigned for 28 years but received nothing.

 “They want us all to die so they won’t have to pay out so much money,” Zoe says.

 Within weeks of the authorities being contacted by the BBC, Zoe received a cheque for a little over £2,000 from the German compensation fund.

 “I want to make sure people remember what happened to people like me when I was a child at Auschwitz,” she says. “I was just one of thousands of children treated in this way. But I was one of the very few lucky ones who managed to survive.” (By Mark Handscomb, BBC Radio 4 reporter for It’s My Story )

 BAYER "Aryanized" Jewish Cemetery
 Documents show that in 1942 IG Farben´s branch office in Uerdingen, Germany got hold of the town’s Jewish cemetery.

 The forced sale price was way below the actual market value: 100,000 square meter property for 3,000 Reichsmark. After the war the property was passed on to IG Farben´s successor BAYER AG.

 The Nazis dissolved the Jewish Community of Uerdingen in 1942. Today all traces of the Jewish cemetery in Uerdingen have been completely obliterated. The city archive indicates that the cemetery was located approximately where the main gate to the BAYER factory currently stands.

 The COALITION AGAINST BAYER-DANGERS demands that the company publicly apologize for the defilement of the Uerdingen cemetery and affix a memorial plaque to the main gate of the company´s Uerdingen works.

 Hans Frankenthal, former slave worker in IG Farben´s plant in Auschwitz and board member of the Jewish Community: "I was terrified when I learned from this offence against Jewish belief. According to our faith, taking possession of the cemetery without exhuming the bodies is tantamount to defiling the graves."

 BAYER today is living off the fruits of Nazi legalism. On paper everything was legally correct: Julius Israel Kohn from the “Association of Jews in the German Reich” and Bernhard Hoffmann, the representative of IG Farben, signed the sales agreement in a notary´s office, and the copy of this seemingly standard real estate transaction has a stamp from the Krefeld tax office.

 At the same time the former culprits are publicly honored in Uerdingen. Fritz ter Meer served on the IG Farben board of directors from 1926 to 1945 and was the head officer directing the operations of the IG Farben factory at Auschwitz. The Nuremberg War Crimes Tribunal sentenced him to seven years in prison.

 He was released after serving only four years. Not long after, in 1956, Ter Meer was elevated to the chairman of the supervisory board at BAYER, a position he held for seven years. His grave in Krefeld has a meter-high wreath on it – donated by BAYER in recognition of his services.

 
Coalition against BAYER-dangers (Germany)
 www.CBGnetwork.org
 Fax: (+49) 211-333 940
 Tel: (+49) 211-333 911
 please send an e-mail for receiving the English newsletter Keycode BAYER free of charge.
 German/Italian/French/Spanish newsletters also available.

 
See: http://www4.dr-rath-foundation.org/PHARMACEUTICAL_BUSINESS/history_of_the_pharmaceutical_industry.htm


 Medical Experiments in Auschwitz Conducted by I.G. Farben (from the book “I.G. Farben – from Anilin to forced labor” by Jörg Hunger and Paul Sander)
 Scientific experiments were also done in other concentration camps. A decisive fact is that IG employee SS major Dr. med. Helmuth Vetter, stationed in several concentration camps, participated in these experiments by order of Bayer Leverkusen.

 At the same time as Dr. Joseph Mengele, he experimented in Auschwitz with medications that were designated “B-1012″, B-1034”, “3382” or “Rutenol”. The test preparations were not just applied to those prisoners who were ill, but also to healthy ones. These people were first infected on purpose through pills, powdered substances, injections or enemas. Many of the medications caused the victims to vomit or have bloody diarrhea. In most cases the prisoners died as a result of the experiments.

 In the Auschwitz files correspondence was discovered between the camp commander and Bayer Leverkusen. It dealt with the sale of 150 female prisoners for experimental purposes: “With a view to the planned experiments with a new sleep-inducing drug we would appreciate it if you could place a number of prisoners at our disposal (…)” – “We confirm your response, but consider the price of 200 RM per woman to be too high. We propose to pay no more than 170 RM per woman. If this is acceptable to you, the women will be placed in our possession. We need some 150 women (…)” – “We confirm your approval of the agreement. Please prepare for us 150 women in the best health possible (…)” – “Received the order for 150 women. Despite their macerated condition they were considered satisfactory. We will keep you informed of the developments regarding the experiments (…)” – “The experiments were performed. All test persons died. We will contact you shortly about a new shipment (…)”

 
A former Auschwitz prisoner testified: “There was a large ward of tuberculars on block 20. The Bayer Company sent medications in unmarked and unnamed ampoules. The tuberculars were injected with this. These unfortunate people were never killed in the gas chambers. One only had to wait for them to die, which did not take long (…) 150 Jewish women that had been bought from the camp attendant by Bayer, (…) served for experiments with unknown hormonal preparations.”

 Parallel to the tests by Behringwerke and Bayer Leverkusen the chemical-pharmaceutical and serologic-bacteriological department at Hoechst started experimenting on Auschwitz prisoners with their new typhus fever preparation "3582". The first series of tests had results that were far from satisfactory. Of the 50 test persons 15 died; the typhus fever drug led to vomiting and exhaustion. Part of the concentration camp Auschwitz was quarantined, which led to an extension of the tests to the concentration camp in Buchenwald. In the journal of the “department for typhus fever and viral research of the concentration camp Buchenwald” we find on January 10th, 1943: “As suggested by the IG Farbenindustrie A.G. the following were tested as typhus fever medications: a) preparation 3582 of the chem. pharm. and sero-bact. Department Hoechst – Prof. Lautenschläger and Dr. Weber – (therapeutic test A), b) methylene blue, formerly tested on mice by Prof. Kiekuth, Elberfeld (therapeutic test M).”

 The first and also the second series of therapeutic tests, held in Buchenwald between March 31st and April 11th 1943, had negative results due to insufficient contamination of the tested prisoners. Neither did the experiments in Auschwitz have evident successes.

 The scientific value of all these experiments, whether ordered by the IG Farben or not, was in fact zero. The test persons were in bad physical condition, caused by forced labor, insufficient and wrong nutrition and diseases in the concentration camp. Add to this the generally bad sanitary circumstances in the laboratories.

“The test results in the concentration camps, as the IG laboratory specialists should know, could not be compared to results made under normal circumstances”.

 The SS physician Dr. Hoven testified to this during the Nuremberg Trial: “It should be generally known, and especially in German scientific circles, that the SS did not have notable scientists at its disposal. It is clear that the experiments in the concentration camps with IG preparations only took place in the interests of the IG, which strived by all means to determine the effectiveness of these preparations. They let the SS deal with the – shall I say – dirty work in the concentration camps. It was not the IG’s intention to bring any of this out in the open, but rather to put up a smoke screen around the experiments so that (…) they could keep any profits to themselves. Not the SS but the IG took the initiative for the concentration camp experiments.”

http://ahrp.org/auschwitz60-year-anniversary-the-role-of-ig-farben-bayer/


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