Syngenta Statement on Unsolicited Preliminary Approach from Monsanto
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May 12, 2015 7:04 AM EDT
Bernstein upgraded Syngenta (NYSE: SYT) from Underperform to Market Perform.
For an analyst ratings summary and ratings history on Syngenta click here. For more ratings news on Syngenta click here.
Shares of Syngenta closed at $85.60 yesterday.
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May 11, 2015 8:11 AM EDT
UBS upgraded Syngenta (NYSE: SYT) from Neutral to Buy.
For an analyst ratings summary and ratings history on Syngenta click here. For more ratings news on Syngenta click here.
Shares of Syngenta closed at $85.75 yesterday.
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May 8, 2015 9:47 AM EDT
In response to Syngentas (NYSE: SYN) announcement this morning, Monsanto Company (NYSE: MON) confirmed that it had made a private proposal to Syngentas Board of Directors to acquire Syngenta for 449.00 CHF per share. The proposal contemplates consideration of approximately 45% cash and would provide Syngenta shareholders with a very attractive premium and significant further value creation through... More
May 8, 2015 5:45 AM EDT
The Board of Syngenta confirms that it has received an unsolicited proposal from Monsanto to acquire the company at a price of CHF449 per Syngenta share with approximately 45 percent in cash. Syngenta's Board of Directors, in conjunction with its legal and financial advisers, has undertaken a thorough review of all aspects of Monsanto's offer and has unanimously determined to reject Monsanto's proposal as it is not in the best interests of Syngenta, its shareholders and its stakeholders.... More
