Deals
Monsanto Says Bayer Among Options If Syngenta Deal Fizzles
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More than nine weeks after Monsanto Co. offered to buy Syngenta AG for $45 billion, the U.S. maker of seeds and weedkillers is exploring other options should the Swiss company continue to reject the deal.
Monsanto would approach Germany’s Bayer AG about acquiring its crop chemicals business if it can’t buy Syngenta, Brett Begemann, chief operating officer of St. Louis-based Monsanto, said by phone Monday. While Monsanto is “committed” to acquiring Syngenta, “we won’t stay at it forever,” he said.