Bloomberg: Syngenta Rejects Recent Takeover Offer.

Farms.com Editors

As reported by Bloombery, Syngenta has reportedly rejected another takeover offer, this one from a Chinese Company.

Syngenta rejected a $42 billion takeover offer by state-owned China National Chemical Corp.  Recently, the Swiss-based company turned down a $46 billion dollar offer from Monsanto saying the price was too low.

In a Bloomberg story, it is reported that talks with ChemChina are expected to continue, but no guarantee that a deal will be reached. Bloomberg also adds that Syngenta is considering other buyers, as well as looking at companies they may be interested in acquiring.

This continues a series of company strategic discussions.

Here is a link to the Bloomberg news story.

http://www.bloomberg.com/news/articles/2015-11-12/chemchina-is-said-to-be-in-talks-to-acquire-syngenta