Monsanto reaffirms opportunity in standalone growth plan and ability to lead next evolution in agriculture, company no longer pursuing current proposal for Syngenta combination

摘要

While Monsanto Company continues to believe a combination with Syngenta would have created tremendous value for shareowners of both companies and farmers, Syngenta has communicated that Monsanto Company's enhanced proposal did not meet its financial expectations. Without a basis for constructive engagement from Syngenta, Monsanto will continue to focus on its growth opportunities built on its existing core business to deliver the next wave of transformational solutions for agriculture. Monsanto confirmed it communicated a revised proposal on 18 August 2015 to Syngenta to combine the two companies. Monsanto's new proposal increased the cash component of the proposed transaction to SFR 245/share.