(COMBO) This combination of pictures created on July 14, 2016 shows the logo of German pharmaceutical giant Bayer (L, on May 23, 2016 in Leverkusen) and the Monsanto logo (on May 24, 2016 in Lillo near Antwerp).
US seeds and pesticides maker Monsanto is in talks with German chemicals giant BASF over a possible merger of their two agrochemicals divisions, Bloomberg News reported on July 14, 2016, quoting anonymous sources. Acquiring BASF's agriculture solutions unit is just one of several transactions Monsanto is exploring as an alternative to a takeover offer from German chemicals and pharmaceuticals group Bayer. / AFP / Roberto PFEIL AND JOHN THYS        (Photo credit should read ROBERTO PFEIL,JOHN THYS/AFP/Getty Images)