(BFW) Monsanto Won’t Sweeten Syngenta Bid Without Due Diligence: FT



Monsanto Won’t Sweeten Syngenta Bid Without Due Diligence: FT
2015-07-04 07:35:01.460 GMT


By Angelina Rascouet
(Bloomberg) -- “I am not bidding against myself,” Hugh
Grant, Monsanto CEO, says in interview, according to Financial
Times

* Syngenta board should explain why 43% premium is
insufficient
* Grant reiterates plan to execute tax-inversion deal
* NOTE: Syngenta rejected Monsanto’s $45b offer in May as
inadequate
* NOTE: Syngenta’s chairman Michel Demare called Monsanto’s
bid simplistic last mo.


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To contact the reporter on this story:
Angelina Rascouet in London at +44-20-3525-0424 or
arascouet1@bloomberg.net
To contact the editors responsible for this story:
Mike Harrison at +44-20-3525-3564 or
mharrison5@bloomberg.net
Christopher Jasper