(BFW) Syngenta Said to Build Defenses as It Braces for Monsanto Return


BFW 05/28 18:35 *SYNGENTA SAID WILLING TO CONSIDER BID OF AT LEAST CHF500/SHARE
BFW 05/28 18:35 *SYNGENTA SAID TO ADD UBS TO ADVISERS AHEAD OF POTENTIAL BID
BFW 05/28 18:35 *SYNGENTA SAID TO PREPARE FOR MONSANTO TO RAISE TAKEOVER OFFER

Syngenta Said to Build Defenses as It Braces for Monsanto Return
2015-05-28 18:38:06.434 GMT


By Andrew Noël and Aaron Kirchfeld
(Bloomberg) -- Syngenta is building up defenses as it
prepares for a possible higher offer from Monsanto, according to
people with knowledge of the situation.

* Adds UBS as adviser; joins Goldman Sachs and JPMorgan:
people familiar
* Syngenta expects Monsanto to come back with another offer as
soon as next week: people familiar
* Said willing to consider bid of at least CHF500/shr
* MON jumps as much as 1.2%
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To contact the reporter on this story:
Andrew Cinko in New York at +1-609-279-4533 or
cinko@bloomberg.net
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Larry DiTore at +1-212-617-1603 or
lditore@bloomberg.net