Monsanto Co. Chief Executive Officer Hugh Grant said the seed company’s engagement with Syngenta AG about a possible merger has been “difficult.”
There hasn’t been much progress, he said Wednesday on Monsanto’s first-quarter earnings call with analysts. The St. Louis-based company still sees a “significant” opportunity to be gained from merging with its Swiss rival, he said.
“The belief that we had last April we still have: that there is a significant opportunity there for the integrated platform,” Grant said.