14 Dec 2016 --- Monsanto chief executive Hugh Grant said an “important milestone” had been passed after the US seed company shareholders overwhelmingly backed its $66bn sale to Bayer ahead of key regulatory reviews. Around 99 percent of Monsanto shareholders backed the deal which is bringing together two of the world’s biggest agriculture companies and marks the biggest takeover by a German company of a US company. Around 75 percent of Monsanto shareholders voted on the deal.