The Traderszone Network

Published in TZ Latest News 10 June, 2015 by The TZ Newswire Staff

Monsanto tells Syngenta investors it wants more info to refine value

Monsanto is hosting meetings across Europe this week to woo Syngenta investors, and two Monsanto top executives said in one of these gatherings that only a due diligence assessment of Syngenta’s operations could tell whether there was room for a higher offer than the 449 Swiss francs per share proposed so far, a person with knowledge of the meeting said on Wednesday. Syngenta confirmed it had not granted the suitor access to privileged business data. “Monsanto is a competitor to many aspects of Syngenta’s business.