Deals

Syngenta Rises Amid Takeover Interest From Monsanto

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Swiss seed and crop-protection maker Syngenta AG rose the most in more than 6 years in Zurich trading after people familiar with the matter said U.S. rival Monsanto Co. approached the company about a potential takeover.

Monsanto, the world’s largest seed company, has discussed its interest with Syngenta in recent weeks, almost a year after a previous attempt fell apart, the people said last week, asking not to be identified discussing private information. Syngenta, which has a market value of about $35 billion, has concerns about a combination, which would face antitrust hurdles, the people said, and the companies may fail to reach an agreement, they said.