St. Louis | Reuters — Monsanto executives are discussing whether the world’s largest seed company should acquire agrochemical rivals, including top pesticide maker Syngenta, Monsanto president Brett Begemann said Tuesday. “Everybody’s talking now. There’s multiple ways things can occur,” he said. Monsanto abandoned a $45 billion bid for Syngenta in August (all figures US$). Begemann […] Read more
Tag Archives chemchina — page 5
Syngenta still among options for Monsanto takeover bids
Syngenta reported rejecting ChemChina takeover offer
Reuters — Syngenta has rejected ChemChina’s offer to buy the Swiss agricultural chemicals group, citing regulatory concerns, Bloomberg reported on Thursday. China National Chemical Corp., better known as ChemChina, offered about 449 Swiss francs (C$597) per share for Syngenta, valuing the Basel, Switzerland-based company at about 41.7 billion Swiss francs (C$55.4 billion), according to the […] Read more
Monsanto’s move on Syngenta could mean move away from glyphosate
Reuters — Monsanto, the world’s largest seed company, is also known for the popularity of its Roundup herbicide, beloved by farmers and homeowners alike for its speed and deadly assault on tough weeds. But Monsanto’s ongoing efforts to try to take over Swiss ag chem firm Syngenta, a rival whose product portfolio offers an array […] Read more
Monsanto’s Syngenta gambit seen hinging on sale of seed businesses
London/Frankfurt | Reuters –– U.S. seeds giant Monsanto is trying to line up buyers for assets worth up to US$8 billion to appease competition authorities before making a fresh takeover approach for Swiss rival Syngenta, possibly within three weeks, industry sources said. Monsanto is expected to tap German chemicals group BASF, an existing joint venture […] Read more
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