Frankfurt/Reuters – Syngenta has said a $2 billion break-up fee that unwanted U.S. suitor Monsanto has pledged to pay if its proposed $45 billion merger failed would only apply in limited cases, leaving its shareholders exposed to the bulk of regulatory risks. Swiss Syngenta, the world’s largest maker of farming pesticides, told Reuters that based
Syngenta says Monsanto’s $2 bln break-up fee comes with caveat
K+S investors see PotashCorp deal within reach despite rebuff
Frankfurt | Reuters — Shareholders in takeover target K+S say a deal could be done because suitor PotashCorp’s main aim is to get control over its German rival’s ambitious Canadian project and scale it back. K+S’s Legacy mine, being built northeast of Moose Jaw near Bethune, Sask., would be the first built from scratch in
K+S rejects PotashCorp takeover offer as too low
Frankfurt | Reuters –– German potash miner K+S rejected PotashCorp’s 7.9 billion-euro (C$11 billion) takeover bid Thursday, saying it was too low and the Canadian suitor could be planning to dismantle the company, putting jobs at risk. K+S, owner of the Morton Salt brand, said the proposal lacked firm commitments to protect the more than
K+S shares surge after PotashCorp takeover approach
Frankfurt | Reuters –– Shares in German potash miner K+S leapt as much as 40 per cent on Friday after a takeover proposal from Canada’s PotashCorp, which sources close to the matter said was worth close to eight billion euros (C$11 billion). K+S, which would become the first German blue-chip firm in a decade to
Syngenta tests investor support for Monsanto opposition
Zurich/Frankfurt | Reuters — Syngenta will sound out shareholders in the coming days for their views on the Swiss crop chemicals maker’s opposition to rival Monsanto’s US$45 billion takeover approach. Any takeover offer needs to be at a fair price and provide a high degree of certainty that it will clear regulatory hurdles, Syngenta chairman
Monsanto’s Syngenta gambit seen hinging on sale of seed businesses
London/Frankfurt | Reuters –– U.S. seeds giant Monsanto is trying to line up buyers for assets worth up to US$8 billion to appease competition authorities before making a fresh takeover approach for Swiss rival Syngenta, possibly within three weeks, industry sources said. Monsanto is expected to tap German chemicals group BASF, an existing joint venture
That’s no weed, that’s flower power
Tire makers are turning dandelions into rubber
Dutch biologist Ingrid van der Meer often meets with disbelief when she talks about her work on dandelions and how it could secure the future of road transport. The reaction is understandable, given most people regard the yellow flowers as pesky intruders in their gardens rather than a promising source of rubber for tires. “People
Cyber-Savvy Farmer
