Deals
Syngenta May Turn From Prey to Predator After Evading Monsanto
- With Monsanto bid off table, Syngenta could be `consolidator'
- Syngenta may move for Dow's agrichemicals business: Bernstein
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After aggravating some investors for rebuffing a $47 billion approach from Monsanto Co., Swiss agrochemical maker Syngenta AG has the chance to take merger matters into its own hands following the departure of Chief Executive Officer Mike Mack.
With Dow Chemical Co. considering a sale of its agrochemical and seeds business and rival DuPont Co. increasingly seen as a breakup candidate, the new management may lead Syngenta to take an active role in consolidation after being a target, analysts said. Chief Financial Officer John Ramsay has been named as an interim replacement.