BN 05/08 02:17 Monsanto Said to Make Initial $45b Offer for Syngenta
BFW 05/08 02:16 *SYNGENTA SAID TO REJECT MONSANTO'S OFFER OF ABOUT CHF450/SHARE
BFW 05/08 02:16 *MONSANTO SAID TO MAKE INITIAL $45B OFFER FOR SYNGENTA
BFW 05/08 02:16 *SYNGENTA SAID TO REJECT MONSANTO'S OFFER OF ABOUT CHF450/SHARE
BFW 05/08 02:16 *MONSANTO SAID TO MAKE INITIAL $45B OFFER FOR SYNGENTA
Monsanto Said to Make Initial $45b Offer for Syngenta
2015-05-08 02:20:25.440 GMT
By Matthew Campbell and Ed Hammond
(Bloomberg) -- Monsanto made an initial offer for Syngenta
valuing its Swiss rival at about $45b, people with knowledge of
matter say.
* Monsanto offered about 450 Swiss francs per share; 35%
premium to Syngenta’s last close
* Syngenta rejected offer; though left it open for Monsanto to
make another offer or start talks
Link
Link to Company News:{MON US <Equity> CN <GO>}
Link to Company News:{SYNN VX <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the reporter on this story:
Matthew Campbell in London at +44-20-3525-8684 or
mcampbell39@bloomberg.net
To contact the editor responsible for this story:
Peter J. Brennan at +1-323-782-4233 or
pbrennan3@bloomberg.net
2015-05-08 02:20:25.440 GMT
By Matthew Campbell and Ed Hammond
(Bloomberg) -- Monsanto made an initial offer for Syngenta
valuing its Swiss rival at about $45b, people with knowledge of
matter say.
* Monsanto offered about 450 Swiss francs per share; 35%
premium to Syngenta’s last close
* Syngenta rejected offer; though left it open for Monsanto to
make another offer or start talks
Link
Link to Company News:{MON US <Equity> CN <GO>}
Link to Company News:{SYNN VX <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the reporter on this story:
Matthew Campbell in London at +44-20-3525-8684 or
mcampbell39@bloomberg.net
To contact the editor responsible for this story:
Peter J. Brennan at +1-323-782-4233 or
pbrennan3@bloomberg.net