Bayer CEO says cannot comment on Monsanto-Syngenta
By Reuters
May 28, 2015 06:29 AM EDT
May 28, 2015 06:29 AM EDT
The chief executive of German drugs and chemicals group Bayer (BAYGn.DE), Marijn Dekkers, said on Wednesday he could not comment on the possible takeover of Syngenta (SYNN.VX) by Monsanto (MON.N).
Bayer, the world's second-largest crop chemicals provider after Swiss Syngenta, is seen as a potential buyer of assets that could be sold as part of a takeover of Syngenta by U.S. seeds giant Monsanto.
Monsanto said last week it planned to divest Syngenta's seeds and genetic traits businesses as well as some overlapping chemistry assets to win regulatory approval for a takeover, which Syngenta has so far rejected.
© 2024 VCPOST, All rights reserved. Do not reproduce without permission.
Join the Conversation