Syngenta Comments on Monsanto Announcement
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Syngenta (SYT) Affirms Rejection of Monsanto (MON) Proposal; Believes Offer 'Significantly' Undervalued Co.
August 26, 2015 12:46 PM EDTThe Board of Syngenta (NYSE: SYT) confirms that it received a verbal proposal from Monsanto to acquire the company at a price of CHF245 in cash and a fixed ratio of 2.229 Monsanto shares per Syngenta share. At market close on August 25 this equated to a price of CHF 433 per Syngenta share.
After engaging with Monsanto on their... More
