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Syngenta Spurns Second Monsanto Bid, Citing Antitrust Risks

2015-06-13 21:22:16| Chemicals - Topix.net

Seeds and agricultural chemicals firm Syngenta has turned down a revised takeover offer from rival Monsanto , calling the amount inadequate and saying antitrust hurdles are too risky. Monsanto did not raise its original April bid of $45 billion; rather it added a $2 billon breakup fee in hopes of mitigating the antitrust concerns.

Tags: bid risks citing antitrust

Category:Chemicals

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