Monsanto targeting friendly agreement with Syngenta, no plans for hostile takeover (translated)
Monsanto [NYSE:MON], the St. Louis, Missouri agricultural products giant, does not intend to make a hostile takeover of Swiss Syngenta, Tagesanzeiger reported. The Swiss daily cited Monsanto operative chief Brett Begemann who said he he is concentrating on reaching a friendly agreement with Syngenta. Monsanto has offered USD 45bn and a termination fee of USD 2bn should the deal be blocked by the competition commission, the report stated.
Tagesanzeiger