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Tag Archives Syngenta

(Dave Bedard photo)
Crops, Reuters

Monsanto cools on large-scale M+A outlook

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Chicago | Reuters –– Monsanto on Wednesday effectively pulled itself out of the mergers-and-acquisitions flurry in the seeds and agrochemicals industry, nearly a year after making a bid for rival Syngenta. The St. Louis-based company, which also reported a drop in second-quarter earnings, now sees its best dealmaking opportunities in smaller acquisitions, licensing deals and […] Read more
Syngenta’s Interaction Centre at Stein, Switzerland. (Syngenta.com)
Crops, Reuters

U.S. senators call for review of Syngenta takeover

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Chicago | Reuters — The U.S. government panel that reviews foreign acquisitions should assess the impact on domestic food security from state-owned China National Chemical Corp’s planned US$43.1 billion acquisition of Swiss seeds and pesticide maker Syngenta AG, four U.S. senators said in a letter Thursday. The letter, sent to Treasury Secretary Jacob Lew, also […] Read more
(USDA.gov via Flickr)
Corn, Crops, Reuters

USDA clears Monsanto, Syngenta corn traits

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Chicago | Reuters — The U.S. Department of Agriculture (USDA) will no longer regulate a genetically-modified corn developed by Monsanto to resist dicamba herbicide, the agency said on Wednesday. The move by the agency’s Animal and Plant Health Inspection Service (APHIS), means it can now be planted without permits or any additional regulatory oversight from […] Read more
(CropScience.Bayer.ca)
Crops, Markets, Reuters

Bayer sizing up deals to strengthen seeds operation

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Leverkusen, Germany | Reuters — Bayer’s Crop Science business is casting its eye over potential targets to enhance its seeds operation, the division’s head said on Thursday, as competitive threats increase with big mergers among its rivals. The Bayer CropScience operation comprises the world’s second-largest pesticides supplier but remains a much smaller player in seeds, […] Read more
Syngenta’s Interaction Centre at Stein, Switzerland. (Syngenta.com)
Crops, Reuters

China seeks food security with friendly bid for Syngenta

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Basel | Reuters — China made its boldest overseas takeover move when state-owned ChemChina agreed a US$43 billion bid for Swiss seeds and pesticides group Syngenta on Wednesday, aiming to improve domestic food production. The largest ever foreign purchase by a Chinese firm, announced by both companies, will accelerate a shake-up in global agrochemicals and […] Read more
(Syngenta.com)
Crops, Reuters

Syngenta still looking at different tie-ups

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Zug | Reuters — Syngenta is in talks about a possible merger and is weighing a number of options, the Swiss agrichemicals group’s chairman said Wednesday. Michel Demare said last month that the crop chemicals and seeds company was in talks with China’s state-owned ChemChina, U.S. seeds giant Monsanto and others. When asked about the […] Read more
(Syngenta.com)
Crops, Reuters

Syngenta said talking to Monsanto, ChemChina, others

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Zurich | Reuters — Swiss agrichemicals group Syngenta is in talks with Monsanto, ChemChina and other rivals but has not received a concrete takeover offer and is keeping all options open, chairman Michel Demare told a Swiss newspaper. “Given what shareholders expect for the next 12 months, going it alone is hardly possible,” he told […] Read more

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