Syngenta, which refused the offer of Monsanto acquisitions valued at $47 billion three months ago, she plans to do acquisitions, joint ventures or asset sales, said the management of the Swiss company.
The role it intends to play, is active, and this is reflected in how the company is negotiating. Discusses acquisitions, joint ventures or partial sales, said the company.
Many predicted a shakeup of the sector, when Monsanto refused its proposal for the takeover, but communication companies discussed intensively.
Successful in the future will be the company that will be able to combine chemicals and for seed yield in the integrated proposal.
On the question of the possible combinations with Dupont, the company said that the products are both holding companies are complementary, and noted that no other company has signed more collaboration agreements with Syngenta for the past few years.
Syngenta negotiated with all industry players, and is not going to stop at nothing.
Any takeover of rival Syngenta will depend on the Syngenta shareholders receiving a fair share and appropriate compensation payments in case the transaction is blocked by regulators.
Syngenta is a leader in chemicals for crops, last year the company's market share was 19%, slightly ahead of the German company Bayer CropScience, which has 18%.
The company Monsanto is the leader in seeds and has a 26% share of the market, followed by Dupont Pioneer with 21%.
Source: Thomson Reuters
Translated by service "Yandex.Translation"