Factors to watch on Aug 25

August 25, 2015 4:37 AM

28 0

U.S.-based Monsanto Co has increased its offer to buy Syngenta from 449 Swiss francs per share to 470 francs per share, valuing the Swiss company at around $47 billion, a person familiar with the matter said on Monday.

In addition to the new cash offered, the bid includes an increased break-up fee, from $2 billion to $3 billion, if the transaction is blocked by regulators or falls apart for other reasons, the person said.

Also read: Hochtief Launches $22 Billion Bid for Spain’s Abertis

Read more

To category page