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Monsanto Says Agriculture Industry Consolidation Is - Inevitable'

2015-10-07 21:40:07| Agriculture - Topix.net

Monsanto Co., which abandoned its bid to acquire Swiss pesticide maker Syngenta AG in August, said it continues to search for deals because consolidation in the agriculture industry is "inevitable." Monsanto pursued Syngenta in the hopes of adding pesticides to its portfolio of genetically modified seeds and Roundup herbicide that are used on 400 million acres globally, Chairman and Chief Executive Officer Hugh Grant said Wednesday on a conference call to discuss fourth-quarter results.

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