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Markets :: Fine Chemicals/Biotech :: Seeds and traits
Reports: Monsanto held talks to acquire Syngenta
1:52 PM MDT | June 24, 2014 | Natasha Alperowicz
Monsanto has held informal talks with Syngenta in recent months, offering a friendly takeover of Syngenta, according to a Bloomberg report. Such a deal, which would have allowed Monsanto to redomicile to Switzerland in a tax inversion strategy, would have created the largest agricultural technology company and most likely been worth more than $40 billion, the reports say. Syngenta's management was reportedly unwilling to enter into formal negotiations, and the contacts ended in May. The deal is now officially defunct, although it could...
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