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Monsanto's Syngenta gambit hinges on sale of seed businesses: sources

2015-05-15 16:40:52| Chemicals - Topix.net

U.S. seeds giant Monsanto is trying to line up buyers for assets worth up to $8 billion to appease competition authorities before making a fresh takeover approach for Swiss Syngenta, possibly within three weeks, industry sources said. Monsanto is expected to tap German chemicals group BASF, an existing joint venture partner, as it seeks a buyer for the U.S. seeds business of Syngenta, which can't be part of its proposed takeover, sources said.

Tags: sale sources businesses seed

Category:Chemicals

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