FARM BUSINESS NEWS
Monsanto Mulled Syngenta Takeover
Mon Jun 23, 2014 01:02 PM CDT

(Dow Jones) -- Seed giant Monsanto Co. considered a takeover of Syngenta AG, a Swiss rival, in part driven by the possibility of relocating Monsanto's tax location to Switzerland, Bloomberg News reported Monday on its website, citing people familiar with the matter.

The two companies in the past few months held preliminary talks with advisers about a deal. However, Syngenta management nixed negotiations and a combination now is defunct, the people said.

Lee Quarles, a spokesman for Monsanto, told Bloomberg that the company is "not in discussions on this particular matter," and a spokesman for Syngenta declined comment.

(BAS)

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
Ag Interest Rate Snapshot
Klinefelter: By the Numbers
Minding Ag's Business
Minding Ag's Business
Minding Ag's Business
Senior Partners - 3
Rates Too Low Too Long
Minding Ag's Business
Minding Ag's Business