Monsanto Says Any Hostile Bid for Syngenta Some Ways Off

Any hostile bid by Monsanto Co for Swiss rival Syngenta AG is some way off, the U.S. seed company's president and chief operating officer told Reuters. He added he was focused on trying to secure a negotiated deal.
Brett Begemann says Monsanto is the world's biggest seed company and is keen to know more about Syngenta's research capabilities, product liability exposure and the quality of its reported sales.
He added that taking an offer directly to Syngenta shareholders, without seeing the Swiss company's books, was "not a very compelling idea."