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Syngenta Shareholders Not Happy

2015-08-29 02:27:19| Chemicals - Topix.net

Some Syngenta AG shareholders are angry about the Swiss agribusiness giant's rejection of takeover proposals from rival Monsanto Co., raising the possibility that they could seek changes to Syngenta's board to make it more amenable to a deal. "The management of Syngenta is throwing away $15 billion to $20 billion of shareholders' money," said Mark Yockey, portfolio manager with Milwaukee-based Artisan Partners LP, which ranks among the top 10 Syngenta shareholders, according to Thomson Reuters data.

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Syngenta share price plummets after Monsanto ends takeover bid

2015-08-27 23:07:29| Chemicals - Topix.net

Crop science giant Syngenta AG saw its share price plunge Wednesday after competitor Monsanto announced it would end its months-long pursuit of a merger. Switzerland-based Syngenta , which has its North American headquarters in Greensboro, was trading at $79 a share at about 10 a.m. Wednesday when Monsanto announced it was backing away from its takeover attempts.

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Monsanto Drops Bid for Syngenta

2015-08-27 09:17:09| Agriculture - Topix.net

Monsanto has dropped its roughly $46 billion bid for rival Syngenta AG, bringing an end to a strongly resisted takeover bid that would have reshaped the global agriculture industry. Monsanto, the world's largest seller of biotech seeds, proposed in late April a deal that would have created a world leader in both seed and pesticide sales.

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Monsanto abandons takeover bid for Swiss rival Syngenta

2015-08-26 19:19:52| Chemicals - Topix.net

Agricultural business giant Monsanto is abandoning its takeover bid for competitor Syngenta AG after the Swiss chemical producer rejected its latest offer of nearly $47 billion. A combination with Basel-based Syngenta would have made Monsanto the world's largest producer of farming chemicals, on top of its market-leading seed business.

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NFU: Monsanto Decision to Withdraw Bid to Purchase Syngenta Good for Family Farmers and Competitive Markets Alike 

2015-08-26 18:43:50| National Farmers Union

FOR IMMEDIATE RELEASE August 26, 2015 Contact: Andrew Jerome, 202-314-3106 ajerome@nfudc.org WASHINGTON (August 26, 2015) National Farmers Union (NFU) President Roger Johnson said the organization was very pleased by the news that Monsanto has withdrawn its bid to buy Syngenta. American agriculture is already far too concentrated, leaving family farmers and ranchers at a great

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