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Monsanto Needs to Decide If Laggard Syngenta Warrants Higher Bid

2015-05-10 02:57:36| Chemicals - Topix.net

Monsanto Co.' s rejected $45 billion bid for Syngenta AG forces the suitor to ask itself the same hard question as disappointed shareholders of the target company: is the Swiss maker of agrochemicals really worth more? Before the offer was unveiled on Friday, investors suffered a 2.9 percent drop in Syngenta's share price over the last 12 months as the Swiss company struggled to keep pace with peers.

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