Sept 6 Bayer
* Says confirms advanced negotiations with monsanto
concerning a proposed transaction
* Bayer says the key conditions of a definitive transaction
agreement must be approved by the supervisory board of bayer ag.
* Bayer says there can be no assurance that the parties will
enter into an agreement
* Bayer says while key terms and conditions have not yet
been agreed, bayer would be prepared to provide a transaction
consideration of usd 127.50 per monsanto share only in
connection with a negotiated transaction.
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