Factors to watch on Aug 25

August 25, 2015 4:37 AM

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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: Swiss to issue bonds with face value of just over 4 bln Sfr in 2017

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