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Monsanto and Syngenta hire U.S. banks to advise on possible takeover: sources

2015-05-08 04:12:54| Chemicals - Topix.net

Agricultural companies Monsanto and Syngenta are working with investment banks on a takeover deal that would create an industry behemoth with combined sales of more than $31 billion, three sources familiar with the matter said. Swiss crop chemicals maker Syngenta is working with Goldman Sachs to assess the merits of a sale to the world's largest seeds company Monsanto, which is being advised by Morgan Stanley, the sources said.

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