Syngenta preps for a deal — without Monsanto
Possibilities for the $34 billion Syngenta being discussed by analysts and experts include a takeover of Dow Chemical Co.'s agricultural business or a merger with DuPont Co.
"The fact that maybe it didn't happen with Monsanto doesn't mean it couldn't happen with someone else," Bill Selesky of Argus Research Co. told Bloomberg.
After talks fizzled between Monsanto and Syngenta, Monsanto announced a $10 billion stock buyback. Matt Arnold of Edward Jones told Bloomberg that this moves reduces Monsanto's financial flexibility.
Source: bizjournals.com
