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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Farmers Union (NFU) President Roger Johnson said the organization was very pleased by the news that Monsanto has withdrawn its bid to buy Syngenta.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

Tags: good family purchase decision

 
 

Breaking down Hunt's $19B bid for Oncor - REITs, ratepayers and the power grid

2015-08-25 02:38:32| Oil & Gas - Topix.net

My cover story in this week's print edition examines a plan put forth by Dallas-based power company Energy Future Holdings to escape bankruptcy by selling its electric transmission company Oncor to a consortium led by billionaire Ray L. Hunt and Hunt's companies. The Hunt consortium plan calls for placing Oncor into a real estate investment trust - an unusual corporate structure for a utility, and especially one as big as Oncor.

Tags: the power bid breaking

 

HTC to cut 2,300 jobs in a bid to lower costs

2015-08-13 02:00:00| Total Telecom industry news

Troubled Taiwanese smartphone maker to increase focus on premium smartphones, virtual reality, emerging form factors.

Tags: to jobs lower costs

 

Private investors back snubbing of PotashCorp.'s $8.6B takeover bid: K+S

2015-08-11 05:53:04| Chemicals - Topix.net

Norbert Steiner, CEO of K+S Group, says the PotashCorp takeover bid for K+S undervalues the Legacy mine, which is expected to begin production in 2017. K+S AG, which rejected an $8.6 billion takeover approach from Potash Corp. of Saskatchewan Inc., said both private and institutional shareholders back management's stance and agree the offer falls short.

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