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Options Abound for Syngenta (SYT) as Monsanto (MON) Deal Doesn't Pan Out (DOW) (DD)

August 29, 2014 11:49 AM EDT

Syngenta (NYSE: SYT) shares are lower following positive commentary over its M&A prospects.

Bloomberg noted Thursday night that no deal between Syngenta and Monsanto (NYSE: MON) wouldn't be the end of the world for Syngenta. The two held talks earlier this year, but a deal isn't expected to pan out, according to people familiar with the matter.

However, Syngenta might make a move on Dow Chemical's (NYSE: DOW) agricultural business. Dow has said it was open to divesting the unit in the past. Dow could also move to acquire Syngenta and use the deal to relocate overseas for various tax advantages.

Another option would be a merger between Syngenta and DuPont (NYSE: DD).

Wintergreen Advisers CEO, David Winters, recently commented to Bloomberg, There are a lot of ways to win here ... They’ve tipped their hand that they’re willing to do something. Who they end up doing the dance with and mating with, we’ll see but they’re clearly at the dance.

Shares of Syngenta are down 0.6 percent Friday.



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