Farms.com Home   Ag Industry News

Monsanto and Syngenta talking about a merger

Combining the two would create a titan in ag-circles

By Diego Flammini, Farms.com

If you’re a baseball fan, imagine if the New York Yankees and Boston Red Sox, two of the most lucrative organizations in baseball who compete with one another on every level, joined forces.

Monsanto                Syngenta

A similar situation looks like it could unfold in the agricultural world.

American seed and crop chemical giant Monsanto has approached Swiss chemical giant, Syngenta, about a merger that, if came to fruition would have more than $30 billion US in revenue.

If the deal came to pass, the company would be the largest seed and chemical company in the world and would compete with Bayer AG, BASF SE, DuPont Co. and Dow Chemical Co.

There are some hurdles, such as antitrust, that could impact the deal. The company would almost monopolize the seed markets so as a result, Monsanto’s offer may include a sale of some of the parts of the combined business venture.

This is the second time Monsanto has approached Syngenta about a possible merger.

Last year, Monsanto investigated a $34 billion takeover of Syngenta that, had the deal gone through, would have seen Monsanto move their offices to Switzerland.

Monsanto and Syngenta, briefly:

 

Monsanto

Syngenta

Headquarters

St. Louis, Missouri, USA

Basel, Switzerland

Price per stock share as of Monday, May 4th, 2015

$116.54

$72.55

Sales (2014)

$15.43 billion

$14.71 billion

Founded

1901

1999

Join the conversation and tell us your thoughts on the possibility of a merger between Monsanto and Syngenta. Would it change the way you ran your farm operation?


Trending Video

Spring weed control in winter wheat with Broadway® Star (pyroxsulam + florasulam)

Video: Spring weed control in winter wheat with Broadway® Star (pyroxsulam + florasulam)

#CortevaTalks brings you a short update with Cereal Herbicides Category Manager, Alister McRobbie, on how to get the most out of Broadway® Star.

Significant populations of grassweeds, including ryegrass and brome, can threaten winter wheat yields. Spring applications of a contact graminicide, such as Broadway Star from Corteva Agriscience, can clear problem weeds, allowing crops to grow away in the spring.

Broadway Star (pyroxsulam + florasulam) controls ryegrass, sterile brome, wild oats and a range of broad-leaved weeds such as cleavers. It can be applied to winter wheat up until GS32, but the earlier the application is made, the smaller the weed, and the greater the benefit to the crop. Weeds should be actively growing. A good rule of thumb is that if your grass needs cutting, conditions are right to apply Broadway Star.

 

Comments


Your email address will not be published