Monsanto to Focus on Technology as Syngenta Merger Slips Away

  • Farming app, new biotech seeds targeted as source of growth
  • Monsanto `is better off having not overpaid' for Swiss rival

Monsanto Co. wanted Syngenta AG so badly it pursued the pesticide producer for four years and made three separate takeover offers. Yet losing out to a Chinese bidder could be the best outcome for the seed company.

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