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The Prospect Of The U.S. Blocking The Bayer-Monsanto Deal Can't Be Dismissed
Tuesday, June 27, 2017 - 12:24pm | 475Read More...Susquehanna analyst Don Carson downgraded Monsanto Company (NYSE: MON) from Positive to Neutral, while raising its price target from $125 to $128. The downgrade is not a result of increasing headwinds or poor performance, but rather because the 9-percent upside from Bayer AG (ADR) (OTC: BAYRY)'s $...
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Piper Jaffray Raises Monsanto Target To $127 On Buyout Talks
Monday, June 13, 2016 - 1:30pm | 258Read More...Piper Jaffray's Brett Wong maintains Monsanto Company (NYSE: MON)'s Overweight rating, while increasing the price target from $95.00 to $127.00. The price objective increase came during ongoing talks with Bayer AG (ADR) (OTC: BAYRY) to acquire Monsanto. "We continue to believe that the potential...
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U.S. Gov Panel Reviewing ChemChina's $43B Acquisition Of Syngenta Now To Include Department Of Agriculture
Tuesday, May 17, 2016 - 9:00am | 262Read More...Shares of Syngenta AG (ADR) (NYSE: SYT) were trading lower by around 1 percent early Tuesday morning after Reuters reported that the company's pending $43 billion acquisition by ChemChina will receive additional scrutiny. Reuters, citing "people familiar with the matter," stated that the U.S....
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Syngenta CEO Says Company Is 'Still Very Much On Course' In Merger With ChemChina
Wednesday, April 20, 2016 - 3:21pm | 193Read More...ChemChina's massive $43 billion acquisition of Syngenta AG (ADR) (NYSE: SYT) has dominated financial headlines in early 2016, but seems to have dropped out of the spotlight as of late. The mega-deal made headlines again on Wednesday as Syngenta's CEO John Ramsay said a regulatory review...
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ChemChina Looking To Raise $35 Billion In Loans To Help Finance Takeover Of Syngenta
Monday, February 29, 2016 - 8:33am | 196Read More...Banks are eager to provide China National Chemical Corp., also known as ChemChina, with at least $35 billion to help finance its $43 billion acquisition of Syngenta AG (ADR) (NYSE: SYT). Bloomberg, citing "people familiar with the matter," said that ChemChina has hired China Citic...
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How Does The Zika Virus Affect U.S. Regulatory Approval Of ChemChina-Syngenta Deal?
Thursday, February 4, 2016 - 12:22pm | 175Read More...According to a report by the New York Post, the recent outbreak of the Zika virus could complicate the $43 billion merger between ChemChina and Syngenta AG (ADR) (NYSE: SYT). The New York Post noted that Syngenta "could be in a position" to create a product to deal with the Zikua...
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ChemChina Makes $43 Billion Offer For Syngenta
Wednesday, February 3, 2016 - 10:58am | 232Read More...China made a bold move to increase food production and potentially cut food imports with a bid to buy Swiss agri-chemical group Syngenta AG (ADR) (NYSE: SYT) Wednesday. The $43 billion offer from China National Chemical Corporation, also known as ChemChina, prices the company's shares at $...
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ChemChina Could Announce $43 Billion Acquisition Of Syngenta This Week
Tuesday, February 2, 2016 - 9:13am | 200Read More...Shares of Syngenta AG (ADR) (NYSE: SYT) spiked higher by nearly 7 percent early Tuesday morning following a report by Bloomberg that the company could be acquired by China National Chemical Corp. (also known as ChemChina) for 43.7 billion francs, or $42.8 billion this week. Bloomberg, citing...
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FT: ChemChina Closing In On Higher Bid For Syngenta
Monday, January 25, 2016 - 10:49am | 234Read More...The Financial Times reported on Monday that China's largest chemicals company, ChemChina, is said to be "closing in on a higher offer" to acquire the Switzerland-based Syngenta AG (ADR) (NYSE: SYT). The publication noted that a fresh acquisition offer is merely part of the Chinese...
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The Biggest Chinese M&A In History? Here's How You Could've Heard First And Made Money
Wednesday, January 20, 2016 - 6:02pm | 560Read More...Syngenta AG (ADR) (NYSE: SYT) is one stock that has bucked the market selloff in a big way. The agribusiness giant’s shares are up 11 percent since the beginning of November 2015; the Dow is down 10.3 percent over that time. So why the massive outperformance? Developments in the M&A...
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Bloomberg Reports Syngenta-ChemChina Closer To Reality; Furthering Original Benzinga Report
Friday, January 15, 2016 - 4:07pm | 294Read More...Benzinga reported in early December that the Chinese state-owned chemical company China National Chemical Corp, also known as ChemChina, was in talks to acquire Syngenta AG (ADR) (NYSE: SYT), a Switzerland-based agribusiness for $44 billion. As of Friday afternoon, Syngenta was trading with a...
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ChemChina Met With Syngenta To Discuss Bid, New Report Says
Tuesday, December 15, 2015 - 2:25pm | 329Read More...It appears as if China National Chemical Corporation (ChemChina) continues to move ahead with a takeover plan for Syngenta AG (NYSE: SYT), following Chairman Ren Jianxin's meeting with the company in Europe last week, Bloomberg reports. If completed the chemical combination would be...
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EXCLUSIVE: ChemChina Expected To Bid $44 Billion For Syngenta In All-Cash Deal
Wednesday, December 9, 2015 - 12:39pm | 441Read More...Syngenta AG (ADR) (NYSE: SYT) shares are up on Wednesday after the "mother of all" chemical mergers is reportedly being considered between Dow Chemical Co (NYSE: DOW) and EI Du Pont De Nemours And Co (NYSE: DD). According to a source familiar with the matter, Syngenta could be next....
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Grain Expert: Monsanto's Acquisition Of Syngenta Would 'Make Sense' For Shareholders, Not Necessarily For Customers
Tuesday, November 17, 2015 - 2:02pm | 430Read More...Shares of Syngenta AG (ADR) (NYSE: SYT) surged higher by more than 7 percent about reports surfaced that Monsanto Company (NYSE: MON) is considering a takeover bid. Angie Setzer, Vice President of Grain for Citizens, told Benzinga that a deal "would make sense" and offer Monsanto...
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8 Arbitrage Events To Watch Today
Monday, November 16, 2015 - 10:01am | 501Read More...U.S. futures were trading higher early Monday morning, implying U.S. equities will open higher. Investors and traders are focusing on M&A and large cross-border deal activities on Monday. The most notable deal consists of a $12.2 billion merger within the hotel and resorts group. U...
