Monday, 11 May 2015

MONSANTO COMMENTS ON PROPOSAL FOR SYNGENTA

ST. LOUIS, May 11 (Bernama) -- In response to Syngenta's [VTX: SYNN] announcement this morning, Monsanto Company [NYSE:MON] today confirmed that it had made a private proposal to Syngenta's 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 ongoing ownership in the combined company.

http://mrem.bernama.com/viewsm.php?idm=24406

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