Syngenta to sell seeds business as it moves to placate shareholders
Story Date: 9/4/2015

 

Source: Daniel Enoch, AGRI-PULSE, 9/3/15

Syngenta today said it plans to divest its global vegetable seeds business and buy back $2 billion in shares as part of a plan to “accelerate shareholder value creations.” The announcement comes a week after the Swiss agribusiness and chemical giant rejected a $46 billion takeover by Monsanto, the world's biggest seedmaker, angering some shareholders and sparking an 18 percent decline in its share price last week.

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