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Swiss biotech company Syngenta rejects Monsanto takeover offer , says it undervalues prospects

2015-05-08 12:40:02| Biotech - Topix.net

Swiss biotechnology company Syngenta said Friday that it has rejected a takeover offer from Monsanto Co., a bid that it said greatly undervalued its prospects. Syngenta's shares jumped 17 per cent on the interest, however.

Tags: company offer swiss prospects

 

Monsanto and Syngenta hire U.S. banks to advise on possible takeover: sources

2015-05-08 04:12:54| Chemicals - Topix.net

Agricultural companies Monsanto and Syngenta are working with investment banks on a takeover deal that would create an industry behemoth with combined sales of more than $31 billion, three sources familiar with the matter said. Swiss crop chemicals maker Syngenta is working with Goldman Sachs to assess the merits of a sale to the world's largest seeds company Monsanto, which is being advised by Morgan Stanley, the sources said.

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Monsanto Approaches Syngenta Again About a Takeover

2015-05-01 05:02:16| Chemicals - Topix.net

Syngenta AG Chief Executive Officer Mike Mack speaks during a news conference in Basel, Switzerland, on Feb. 5, 2014. Photographer: Gianluca Colla/Bloomberg Monsanto Co., the world's largest seed company, has approached Syngenta AG about a takeover, almost a year after a previous attempt fell apart, according to people familiar with the matter.

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Argentina Said to Be Planning Ban on Monsanto Soybean Royalties

2015-04-29 09:27:54| Chemicals - Topix.net

Argentina, the world's third-largest soybean producer, plans to bar grain handlers from collecting royalties after the harvest on behalf of seed developers such as Monsanto, according to an agriculture ministry official who asked not to be named because of ministry policy. The government's planned decree comes as farmers conclude their first growing season using Monsanto's Intacta soy, developed for the South American market to combat insects and withstand Roundup weedkiller.

Tags: planning argentina ban royalties

 

Monsanto Ranks No. 43 on the 2015 DiversityInc Top 50 Companies for Diversity

2015-04-25 08:02:07| Chemicals - Topix.net

"Monsanto's inclusive culture helps nurture innovation and provides a foundation to develop diverse solutions to some of agriculture's biggest challenges," said Melissa Harper, Monsanto Vice President, Global Talent Acquisition, Diversity & Inclusion and HR Compliance. "We are honored to be recognized again by DiversityInc for fostering a culture where people can bring their whole selves to work."

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