German drug and chemicals-maker Bayer has made a takeover bid for agricultural giant Monsanto in a deal that could create the world's biggest supplier of seeds and pesticides.
Monsanto is known as a specialist in genetically modified crops.
The offer comes amid a wave of consolidation in the industry, with rivals Dow Chemical, DuPont and Syngenta all entering mergers recently.
However, any tie-up is likely to depend on regulators' competition concerns.
BBC: Bayer makes takeover offer for agriculture giant Monsanto
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